297 Strathmore Boulevard, Toronto E03

$988,000
297 Strathmore Boulevard

$988,000

New
9d
DetachedBungalow

297 Strathmore Boulevard, Toronto E03

Total Monthly Obligation $4,833

Beds
5
Baths
2
Park
5
Sqft
700-1100
DOM
9d
Score
17
Yield
4.1%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-E14034284
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-30.75 × 100 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,670.43 (2026)
Parking-6 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Danforth
Title-Residential Freehold

No agent assigned

Exceptional Parking, Spacious Bungalow & Prime East York Location! A rare find in the neighbourhood, this home offers a private driveway with parking for up to 5 cars, plus a separate garage, providing a total of 6 parking spaces. This spacious 3+2 bedroom, 2-bathroom bungalow offers a versatile layout with plenty of room for the whole family. The welcoming front porch leads into a bright main floor featuring a comfortable living room, open-concept kitchen and dining area, 3 bedrooms and a full bathroom. The finished basement, with its separate entrance, provides excellent flexibility with a very large recreation room, second kitchen, 2 additional bedrooms, full bathroom, laundry room and cold room, ideal for extended family, guests or additional living space.Step outside to enjoy the large private backyard, perfect for relaxing, entertaining and family gatherings. Located just a short walk from Greenwood and Coxwell subway stations, with excellent schools, parks, trendy shops, cafés and restaurants along the vibrant Danforth all close by. A fantastic opportunity to own a spacious and highly functional home in a truly walkable East York community!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$790,400
Land Transfer Taxes$16,235
Legal Fees (Est.)
$
Total cash required for closing$215,335

Total Monthly Obligation

$4,833/mo
Mortgage $3,985
Monthly Loss $3,784
Principal$1,049
Interest$2,937
Property Tax$473
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,848/yr
NOI
$26,593/yr
Net Cash Flow
-$1,769/mo
Cash Margin
-52.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.4/ 100

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

Comparables

Properties near 297 Strathmore Boulevard

Time

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