10 Wheeler Avenue, Toronto E02

$3,349,000
10 Wheeler Avenue

$3,349,000

New
21d
Detached3-Storey

10 Wheeler Avenue, Toronto E02

Total Monthly Obligation $14,653

Beds
5
Baths
5
Park
1
Sqft
3000-3500
DOM
21d
Score
13
Yield
2.0%
Cash on Cash
-13.9%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.3%
Property Type-Detached
MLS® Number-E13854948
Beds-5
Bathrooms-5
Size-3000-3500 sqft
Lot Size-25 × 102 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Detached
Taxes-$9,230.02 (2025)
Parking-2 - Built-In
Basement-Finished with Walk-Out, Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK ESTATE GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stucco (Plaster), Concrete
Roof-Flat, Metal
Foundation-Concrete
Sewer-Sewer
Possession-30-60 Days/TBA
Neighbourhood-The Beaches
Title-Residential Freehold

No agent assigned

Gorgeous newly built luxury residence offering a rare blend of sophisticated design, superior craftsmanship, and the confidence of a Full Tarion Warranty. Soaring ceilings, spacious principal rooms, dramatic windows, and three oversized two-panel sliding doors create airy, light-filled spaces. The handsome modern-farmhouse exterior pairs beautifully with smart home lighting, climate controls, and integrated technology. Enjoy seamless indoor-outdoor living with three oversized private decks .A practical entry with custom cabinetry leads into an inviting open-concept layout with a cozy living zone perfect for unwinding. The chef's kitchen features slim-line shaker cabinetry, a massive island, double wall ovens, an 8-burner cooktop, pot-filler, integrated appliances, and a showpiece wine wall. A discreet powder room sits a half-level up for added privacy. The family room delivers a sectional-worthy space with an ultra-modern gas fireplace and a dramatic wall of glass that makes you feel like you're outdoors while indoors. The second floor includes a beautiful concealed laundry area and three bedrooms, each with access to a private or Jack-and-Jill bath. The stunning primary suite offers an oversized glass walk-out to a west-facing deck, a custom walk-in closet, and a serene ensuite with stand-alone tub, large shower, and double vanity. The lower level impresses with incredible 12-foot ceilings, a legal basement suite offering flexibility for rental income or an exceptional rec room with a second kitchen for entertaining, heated polished concrete floors, another oversized sliding door to a private terrace, a spacious bedroom with wall-to-wall closets, and a dedicated doggy shower just outside the garage entrance for added convenience. A remarkable home offering luxury, functionality, and exceptional design. Located in the heart of The Beach, steps to the Boardwalk, Kew Gardens, Balmy Beach, waterfront trails, parks, boutique shops, cafés, and top-rated schools.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$2,679,200
Land Transfer Taxes$70,200
Legal Fees (Est.)
$
Total cash required for closing$741,500

Total Monthly Obligation

$14,653/mo
Mortgage $13,509
Monthly Loss $11,098
Principal$3,555
Interest$9,954
Property Tax$769
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.2%0
5-Year IRR
2.9%6
10-Year IRR
5.1%
Returns Index
4.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$66,000/yr
NOI
$45,670/yr
Net Cash Flow
-$9,703/mo
Cash Margin
-176.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo13
Risk Index
11.2/ 100

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

Comparables

Properties near 10 Wheeler Avenue

Time

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