683 Mortimer Avenue, Toronto E03

$699,000
683 Mortimer Avenue

$699,000

New
14d
DetachedBungalow

683 Mortimer Avenue, Toronto E03

Total Monthly Obligation $3,477

Beds
3
Baths
2
Park
1
Sqft
700-1100
DOM
14d
Score
27
Yield
6.5%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.8%
Property Type-Detached
MLS® Number-E14032548
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-16.62 × 103 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,386 (2025)
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Danforth Village-East York
Title-Residential Freehold

No agent assigned

Beautifully Renovated, freshly painted & Move-In Ready Detached Bungalow On A Deep 103 Ft Lot In East York's Danforth Village! This Sun-Filled, 2+1 Bedroom, 2 Full Bathroom, 1 Driveway Parking Home Is The Perfect Condo Alternative For First-Time Buyers, Downsizers & Investors. Freshly Painted Throughout & Renovated, Featuring A Bright Living Room, Eat-In Kitchen With Granite Counters, Two Main Floor Bedrooms & A Sunroom With Walk-Out To The Newly Painted Deck & Private Fenced Backyard. Finished Basement Offers A Third Bedroom, Second 4-Piece Bath & Laundry - Ideal For In-Laws Or Extra Living Space. Carpet-Free Throughout, LED Lighting Everywhere & Windows In Every Room For Tons Of Natural Light. Both Baths Are Full 4-Piece With Tubs. Front Pad Parking. Minutes Walking Distance To Woodbine Subway, Steps To TTC, Danforth Shops, Parks & Schools. Designated Major Transit Station Area - Excellent Long-Term Potential. Freehold, No Fees!

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,477/mo
Mortgage $2,820
Monthly Loss $2,735
Principal$742
Interest$2,078
Property Tax$282
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%35
Cash-on-Cash
-0.5%7
5-Year IRR
15.3%73
10-Year IRR
14.8%
Returns Index
38.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$45,600/yr
NOI
$33,154/yr
Net Cash Flow
-$57/mo
Cash Margin
-1.5%4
Cash Flow Index
3.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
29.4/ 100

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

Comparables

Properties near 683 Mortimer Avenue

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