540B Pharmacy Avenue, Toronto E04

$1,499,000
540B Pharmacy Avenue

$1,499,000

New
15d
Detached2-Storey

540B Pharmacy Avenue, Toronto E04

Total Monthly Obligation $6,973

Beds
6
Baths
5
Park
3
Sqft
2500-3000
DOM
15d
Score
23
Yield
5.8%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-E13876736
Beds-6
Bathrooms-5
Size-2500-3000 sqft
Lot Size-25 × 102.69 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,621 (2026)
Parking-4 - Built-In
Basement-Finished, Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Clairlea-Birchmount
Title-Residential Freehold

No agent assigned

Welcome home to 540B Pharmacy Avenue, a contemporary detached home in Clairlea where striking architecture meets thoughtful everyday living.This 4+2 level bed, 5 bath home offers over 2600sf of above grade living area providing ample living space for a growing family, while a finished legal basement with its own entrance, kitchen and laundry adds flexibility for rental income. An interlocking driveway, built-in garage and glass-railed balcony create an impressive arrival, while warm wood flooring, expansive windows and an open-riser staircase with glass railings bring a light, modern feel indoors. The main living and dining spaces offer an inviting setting for entertaining, with 10' ceilings, pot lights and custom shutters. At the heart of the home, a beautifully appointed kitchen features sleek white cabinetry, an oversized waterfall island, pendant lighting and premium Samsung appliances. Sliding doors open to a generous rear deck with stairs to the backyard, making outdoor dining and summer gatherings a natural extension of the kitchen. Upstairs, skylights brighten the hallway, while the primary retreat offers a walk-in closet, private rear balcony and a spa-inspired four-piece ensuite with a freestanding tub and separate glass shower. Three additional good size bedrooms, two additional bathrooms including a Jack and Jill, a second balcony and convenient upper-level laundry complete the 2nd floor The finished Legal basement with separate entrance adds valuable flexibility. A second kitchen, three-piece bathroom, its own laundry and two additional bedrooms making this space perfect for extended family or as great rental income (Currently rented at $1950/month). With schools, parks and shopping nearby, plus TTC service along Pharmacy Avenue connecting to Victoria Park Station, this home brings together contemporary style, outdoor space and everyday convenience.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$6,973/mo
Mortgage $6,047
Monthly Loss $5,382
Principal$1,591
Interest$4,455
Property Tax$552
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.6%5
5-Year IRR
14.3%67
10-Year IRR
14.0%
Returns Index
35.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$87,396/yr
NOI
$67,535/yr
Net Cash Flow
-$419/mo
Cash Margin
-5.7%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
20.4/ 100

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

Comparables

Properties near 540B Pharmacy Avenue

Time

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Data last updated within the past 24 hours.