148 Mortimer Avenue, Toronto E03

$1,099,900
148 Mortimer Avenue

$1,099,900

New
3d
Semi-Detached 2-Storey

148 Mortimer Avenue, Toronto E03

Total Monthly Obligation $5,229

Beds
2
Baths
2
Park
1
Sqft
700-1100
DOM
3d
Score
17
Yield
4.0%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Semi-Detached
MLS® Number-E14099892
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-19.65 × 100 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-100+
Taxes-$5,010.54 (2026)
Parking-2 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Rolled, Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-30 Days
Neighbourhood-Broadview North
Title-Residential Freehold

No agent assigned

The perfect, turn-key starter home awaits! This extensively renovated 2 bedroom, 2 bathroom semi-detached comes with a detached garage and parking for TWO cars... a rare find indeed! With approx. $150K spent, the list of upgrades are numerous and yours to enjoy for years to come: brand new hardwood flooring and potlights on the main floor; all new windows and rear sliding door; updated main staircase and a new glass railing; a fully redesigned and renovated kitchen with LG stainless steel appliances; Hunter ceiling fans in both bedrooms; complete basement rec room renovation with in-floor electric heating including the basement bathroom; all new eavestroughs for house and garage; new exterior siding on kitchen extension; backyard turf, deck and fence; front porch glass railing and stairs; custom all-season recycled rubber walkway. There is also updated plumbing and ductwork plus a tankless hot water heater. All systems are completely owned with no leases or rental fees. The garage is equipped with 100 amp electrical sufficient for an EV charger to be installed. You couldn't ask for a house that is this easy to move in and enjoy right away! Growing your family? A full 2 storey addition is possible to turn this beauty into a 3 bedroom home. A great location in a family neighbourhood with nearby schools, parks, library and the East York Community Centre. Easy access to the Danforth subway or the DVP for those who need to commute to work. Buy with confidence with a home inspection report available upon request.

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

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$5,229/mo
Mortgage $4,437
Monthly Loss $4,062
Principal$1,168
Interest$3,269
Property Tax$418
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.9/ 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
$44,496/yr
NOI
$30,536/yr
Net Cash Flow
-$1,892/mo
Cash Margin
-51.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.7/ 100

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

Comparables

Properties near 148 Mortimer Avenue

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