3 Phenix Drive, Toronto E06

$1,699,000
3 Phenix Drive

$1,699,000

New
16d
Detached2-Storey

3 Phenix Drive, Toronto E06

Total Monthly Obligation $7,789

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
16d
Score
19
Yield
4.6%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-E13873180
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-33 × 163 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,729.32 (2026)
Parking-4 - None
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas, Other
Pool-None
Facing-East
Exterior-Other
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Birchcliffe-Cliffside
Title-Residential Freehold

No agent assigned

Welcome to 3 Phenix Drive, a beautifully renovated detached 2-storey home in Birchcliffe, set on an impressively large 33 x 163 ft lot with four car parking. Offering 3+1 bedrooms and 4 bathrooms, this is a home designed for both everyday living and effortless entertaining. Warm and inviting living and dining room spaces and a spacious family room with a fireplace and a walkout to the backyard, creates an easy connection between indoors and out. Upstairs, the massive primary suite is a true showstopper. With approximately 500 sq ft and a vaulted ceiling, it is a spa-like retreat with incredible scale, featuring its own private balcony, a second gas fireplace, a walk-in closet and master bathroom suite with clawfoot bathtub. It is a space that feels more like a private escape than simply a bedroom. The deep, fully fenced and landscaped backyard oasis offers exceptional space to gather, play and unwind. It features a huge recently added two-tiered deck with a hot tub and gas BBQ, plus a gazebo with a gas fire table, making it the perfect backyard for entertaining.Thoughtful updates include the kitchen (2023), updated bathrooms (2024), landscaping and decking (2024), and LED lighting (2026). Ideally located steps to Birchcliffe School and just minutes from the spectacular green space, trails, bluffs and Lake Ontario views. City living with breathing room built in - both at home and just beyond it.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,359,200
Land Transfer Taxes$30,455
Legal Fees (Est.)
$
Total cash required for closing$371,755

Total Monthly Obligation

$7,789/mo
Mortgage $6,853
Monthly Loss $5,986
Principal$1,803
Interest$5,050
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.6%40
10-Year IRR
11.0%
Returns Index
21.1/ 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
$78,600/yr
NOI
$59,511/yr
Net Cash Flow
-$1,894/mo
Cash Margin
-28.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
16.2/ 100

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

Comparables

Properties near 3 Phenix Drive

Time

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