40 Wortham Drive, Toronto E09

$875,000
40 Wortham Drive

$875,000

New
21d
DetachedBungalow-Raised

40 Wortham Drive, Toronto E09

Total Monthly Obligation $4,194

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
19
Yield
4.8%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-E13856194
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 106 ft
Listed on site-Oct 2, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$3,477 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Electric Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Woburn
Title-Residential Freehold

No agent assigned

Behind this classic brick bungalow is a home with far more space-and far more potential-than you might expect. 40 Wortham Drive offers three bedrooms, one washroom on the main floor, an additional bedroom and washroom downstairs, making the layout ideal for growing families, multigenerational living or anyone who needs flexible space. The main level is bright and welcoming, with hardwood floors, a spacious living and dining area, an eat-in kitchen and direct access from the primary bedroom to the backyard deck. Downstairs, the finished lower level provides even more room to spread out. With a separate side entrance and a full bathroom already in place, there is exciting potential to create a secondary suite or private living area, subject to the appropriate approvals. The backyard is the unexpected showstopper. While the property begins with approximately 40 feet of frontage, the pie-shaped lot widens significantly toward the rear, creating an impressively large, private yard shaded by mature trees. There is plenty of space for children, pets, gardens, entertaining or simply enjoying a quiet afternoon outdoors. Complete with an attached one-car garage and a well-cared-for interior, this is a solid home with great bones, a versatile layout and the kind of backyard that is becoming increasingly difficult to find in the city.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,194/mo
Mortgage $3,530
Monthly Loss $3,265
Principal$929
Interest$2,601
Property Tax$290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,312/yr
NOI
$30,104/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.6/ 100

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

Comparables

Properties near 40 Wortham Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.