2239 Gerrard Street E, Toronto E02

$1,388,000
2239 Gerrard Street E

$1,388,000

New
8d
Detached2-Storey

2239 Gerrard Street E, Toronto E02

Total Monthly Obligation $6,499

Beds
3
Baths
2
Park
2
Sqft
2500-3000
DOM
8d
Score
23
Yield
5.7%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-E14080602
Beds-3
Bathrooms-2
Size-2500-3000 sqft
Lot Size-32.5 × 150 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,304 (2025)
Parking-3 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PAUL ZAMMIT REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-90-120 days
Neighbourhood-East End-Danforth
Title-Residential Freehold

No agent assigned

Discover A Home Designed For Comfortable Family Living, Entertaining & Multi-Generational Possibilities. This Handsome All-Brick Detached Residence Offers An Attached Garage, Private Drive & A Wonderful Backyard Surrounded By A Peaceful, Park-Like Setting. Inside, An Impressive Open Staircase, Sunken Living Room & Rich Oak Flooring Create A Warm And Inviting Atmosphere. The Separate Family Room With Fireplace Opens Directly Onto The Rear Deck, Providing An Easy Connection Between Indoor & Outdoor Living. The Well-Appointed Nema Kitchen Features Quartz Countertops, Quality Cabinetry & Generous Workspace.Upstairs, A Skylight Brings Natural Light Into The Second Level, Where Three Spacious Bedrooms Provide Excellent Closet Space. The Primary Bedroom Enjoys Its Own Private Balcony Overlooking The Backyard, With Plans Available To Create A Future Ensuite & Walk-In Closet. The Main Bathroom Is Designed For Relaxation With A Jacuzzi Tub, Separate Shower, Bidet & Designer Fixtures.The Finished Lower Level Adds Valuable Living Space & Exceptional Flexibility, Featuring A Gas Fireplace, Second Full Kitchen & Direct Walkout To The Backyard-An Excellent Setup For Extended Family, An In-Law Suite Or Potential Separate Living Quarters. A Cold Room Provides Additional Storage. With Generous Living Areas, Two Kitchens, Multiple Fireplaces & A Private Outdoor Setting, This Is A Unique Home With Space To Adapt To Your Family's Changing Needs.

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

Closing Costs

Mortgage Amount
$1,110,400
Land Transfer Taxes$24,235
Legal Fees (Est.)
$
Total cash required for closing$303,335

Total Monthly Obligation

$6,499/mo
Mortgage $5,599
Monthly Loss $5,026
Principal$1,473
Interest$4,125
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.3%4
5-Year IRR
13.8%63
10-Year IRR
13.5%
Returns Index
33.0/ 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
$79,068/yr
NOI
$60,357/yr
Net Cash Flow
-$569/mo
Cash Margin
-8.6%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
20.2/ 100

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

Comparables

Properties near 2239 Gerrard Street E

Time

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Data last updated within the past 24 hours.