54 Westbrook Avenue, Toronto E03

$649,000
54 Westbrook Avenue

$649,000

New
22d
DetachedBungalow

54 Westbrook Avenue, Toronto E03

Total Monthly Obligation $3,333

Beds
4
Baths
2
Park
0
Sqft
700-1100
DOM
22d
Score
21
Yield
5.5%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-E13852006
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-25 × 100 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,087.15 (2025)
Parking-None
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Unknown
Foundation-Concrete, Other
Sewer-Sewer
Possession-Vacant
Neighbourhood-Woodbine-Lumsden
Title-Residential Freehold

No agent assigned

Attention Builders, Investors & End Users! Exceptional opportunity in the sought-after Woodbine-Lumsden neighbourhood to build a custom home on a 25 x 100 ft lot. Much of the groundwork is already complete, including Committee of Adjustment approvals, architectural plans and drawings, and a comprehensive permit package substantially advanced toward final issuance. The proposed plans feature an impressive approximately 2,000 sq. ft. two-storey detached home plus a finished lower level, offering 4 bedrooms, a garage, and a thoughtfully designed layout for modern family living. An outstanding opportunity for a builder to take over an advanced project or for an end user to create a personalized custom home without starting the lengthy design and approvals process from scratch. Situated on a quiet residential street in an established East York neighbourhood, close to the Danforth, TTC subway, parks, schools, shops, restaurants and everyday amenities. Plans, Committee of Adjustment approvals and permit package available for review. A rare opportunity to move a custom-build project significantly forward in a highly desirable Toronto location.... Complete Plans, Approvals & Permit package include with the sale.... Flexible closing

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,333/mo
Mortgage $2,618
Monthly Loss $2,645
Principal$689
Interest$1,929
Property Tax$341
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,568/yr
NOI
$23,424/yr
Net Cash Flow
-$666/mo
Cash Margin
-22.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 54 Westbrook Avenue

Time

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Data last updated within the past 24 hours.