59 Barker Avenue, Toronto E03

$1,275,000
59 Barker Avenue

$1,275,000

New
4d
DetachedBungalow

59 Barker Avenue, Toronto E03

Total Monthly Obligation $5,876

Beds
3
Baths
2
Park
1
Sqft
< 700
DOM
4d
Score
15
Yield
3.1%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-E14099718
Beds-3
Bathrooms-2
Size-< 700 sqft
Lot Size-25 × 134 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,291 (2025)
Parking-1 - None
Basement-Finished, Separate Entrance
Heating-Radiant (Gas)
Brokerage-NEW ERA REAL ESTATE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Danforth Village-East York
Title-Residential Freehold

No agent assigned

Discover the possibilities at 59 Barker Avenue! Situated on a generous 25 x 134 ft lot in desirable Danforth Village-East York, this detached bungalow offers a wonderful combination of comfortable living, versatility, and future potential. The main level features an inviting living and dining area, a functional kitchen with granite countertops, stainless steel appliances, a centre island, and comfortable bedroom accommodations. The finished basement, complete with a separate entrance, additional kitchen, bedroom, and living area, provides excellent flexibility for extended family, guests, or multigenerational living. Additional conveniences include two full bathrooms and laundry facilities on both levels. Step outside to a spacious deck overlooking a fully fenced backyard, offering plenty of room for entertaining, gardening, or simply enjoying your own private outdoor space. Ideally located near schools, parks, trails, shopping, the vibrant Danforth, Michael Garron Hospital, TTC transit, and the DVP. Whether you're looking for a place to call home, a property with flexible living arrangements, or an opportunity to explore future improvements or redevelopment possibilities (subject to municipal approvals), 59 Barker Avenue offers plenty of potential.With vacant possession and flexible closing available, this is an opportunity worth exploring!

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Closing Costs

Mortgage Amount
$1,020,000
Land Transfer Taxes$21,975
Legal Fees (Est.)
$
Total cash required for closing$278,475

Total Monthly Obligation

$5,876/mo
Mortgage $5,143
Monthly Loss $4,522
Principal$1,353
Interest$3,790
Property Tax$358
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.1%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,360/yr
NOI
$26,633/yr
Net Cash Flow
-$2,924/mo
Cash Margin
-89.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
15.8/ 100

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

Comparables

Properties near 59 Barker Avenue

Time

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Data last updated within the past 24 hours.