3 Armada Court, Toronto E09

$849,000
3 Armada Court

$849,000

New
15d
DetachedBungalow

3 Armada Court, Toronto E09

Total Monthly Obligation $4,143

Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
16
Yield
3.6%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-E13878378
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 91 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,120.46 (2026)
Parking-3 - Carport
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Woburn
Title-Residential Freehold

No agent assigned

Tucked away at the very end of a quiet, family-friendly cul-de-sac, 3 Armada Court offers something increasingly difficult to find: a beautifully updated home on an expansive, pie-shaped lot with room to grow, entertain and enjoy the outdoors! Located in Scarborough's established Cedarbrae neighbourhood, this charming brick bungalow offers 3+2 bedrooms, 2 renovated bathrooms and a flexible layout that's perfect for growing families, downsizers or multigenerational living. Step inside to discover a bright, inviting living room with a large picture window, hardwood floors and an effortless connection to the formal dining room. The renovated kitchen is a standout, featuring crisp white upper cabinetry, contrasting grey lowers, quartz countertops, stylish backsplash, ample storage and a convenient breakfast counter. Three main-floor bedrooms and an updated family bathroom complete this practical, comfortable layout. Downstairs, the finished basement adds a whole new dimension to the home! A spacious recreation room with a character-filled vintage bar creates the perfect setting for movie nights, entertaining or watching the game. There's also two additional bedrooms, beautifully renovated bathroom with glass-enclosed shower and laundry area. With its own separate entrance, the lower level offers excellent potential for a 2 bed in-law suite with the addition of a kitchen, subject to applicable approvals.Outside is where this property truly shines! The oversized, pie-shaped lot offers a wonderfully private, treed backyard with multiple outdoor entertaining areas, including a raised deck and a charming patio beneath a grapevine-covered pergola. Whether you're hosting summer barbecues, gardening or simply enjoying the peace and quiet, there's room for it all. A long private driveway and covered carport add everyday convenience. A move-in ready home with space, flexibility and an exceptional lot, all at the end of a low-traffic court. Welcome home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,143/mo
Mortgage $3,425
Monthly Loss $3,242
Principal$901
Interest$2,523
Property Tax$343
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,552/yr
NOI
$18,876/yr
Net Cash Flow
-$1,852/mo
Cash Margin
-72.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.8/ 100

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

Comparables

Properties near 3 Armada Court

Time

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