88 Jolly Way S, Toronto E04

$842,000
88 Jolly Way S

$842,000

New
21d
Att/Row/Townhouse3-Storey

88 Jolly Way S, Toronto E04

Total Monthly Obligation $4,174

Beds
4
Baths
4
Park
1
Sqft
2000-2500
DOM
21d
Score
20
Yield
5.3%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
14.0%
Property Type-Att/Row/Townhouse
MLS® Number-E13857234
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-16.86 × 78.08 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,834 (2025)
Parking-1 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-DREAM VALLEY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick, Shingle
Roof-Asphalt Shingle
Foundation-Brick, Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Dorset Park
Title-Residential Freehold

No agent assigned

Welcome to 88 Jolly Way! No maintenance fees. Stunning 4-bedroom, 4-bath freehold corner townhome that feels like a semi-detached, built by Mattamy Homes, offering approximately 2,200 sq ft of upgraded living space in a family-friendly neighbourhood. This bright and spacious home features hardwood flooring throughout, a modern kitchen with granite countertops, and quality finishes. Functional layout includes a ground-level bedroom with sound insulation, ideal for in-law use, a home office, or flexible living space. Enjoy a private deck and additional side yard space, ideal for outdoor use or gardening. Enjoy the convenience of an attached garage, along with central vacuum and HRV/ERV (central ventilation system) for enhanced comfort and air quality, plus additional parking available through the city. Conveniently located minutes to Highway 401, Scarborough Town Centre, parks, and great schools nearby, with easy access to all amenities.

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$
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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$673,600
Land Transfer Taxes$13,315
Legal Fees (Est.)
$
Total cash required for closing$183,215

Total Monthly Obligation

$4,174/mo
Mortgage $3,396
Monthly Loss $3,280
Principal$894
Interest$2,503
Property Tax$403
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$44,388/yr
NOI
$30,615/yr
Net Cash Flow
-$845/mo
Cash Margin
-22.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
22.2/ 100

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

Comparables

Properties near 88 Jolly Way S

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.