19 Starlake Drive, Toronto E09

$899,999
19 Starlake Drive

$899,999

New
5d
Detached2-Storey

19 Starlake Drive, Toronto E09

Total Monthly Obligation $4,367

Beds
6
Baths
3
Park
3
Sqft
1500-2000
DOM
5d
Score
18
Yield
4.6%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-E14099658
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-41 × 126 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,344 (2025)
Parking-4 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Morningside
Title-Residential Freehold

No agent assigned

Rare Opportunity to own this detach house with 2Bed 1Bath legal Basement unit. Exceptional Opportunity for Large Families, Multi-Generational Living & Investors. Welcome to 19 Starlake Drive, a fantastic opportunity to own a versatile home in a highly convenient Scarborough location! Perfect for growing families seeking generous living space, looking for added flexibility, or investors searching for an attractive income-generating opportunity. This property features a separate-entrance basement apartment constructed with permits in 2024, offering excellent potential for additional rental income while allowing the owner to enjoy the comfort and convenience of the main residence. Unbeatable Location with Everyday Convenience at Your Doorstep. Enjoy exceptional connectivity with TTC bus stop just a 2-min, making daily commuting simple and convenient. 5 min. to 401 and just 7 min. drive to GO Transit, providing convenient access to major transportation routes and connections to Toronto North York & Downtown. Close to hospitals, highly rated schools, colleges, the UofT Scarborough campus, grocery stores, shopping, restaurants, daycares, places of worship, and other essential amenities. Major educational institutions, healthcare facilities, and everyday amenities make this a location worth exploring.

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

Closing Costs

Mortgage Amount
$719,999
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,975

Total Monthly Obligation

$4,367/mo
Mortgage $3,630
Monthly Loss $3,412
Principal$955
Interest$2,675
Property Tax$362
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.1%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$41,532/yr
NOI
$28,535/yr
Net Cash Flow
-$1,252/mo
Cash Margin
-36.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.668
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.4/ 100

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

Comparables

Properties near 19 Starlake Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.