23 Aldridge Avenue, Toronto E02

$1,199,000
23 Aldridge Avenue

$1,199,000

New
2d
Detached2-Storey

23 Aldridge Avenue, Toronto E02

Total Monthly Obligation $5,667

Beds
3
Baths
2
Park
0
Sqft
1100-1500
DOM
2d
Score
15
Yield
3.4%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-E14102198
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-16.08 × 100 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,463.25 (2026)
Parking-None
Basement-Finished with Walk-Out, Walk-Out
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air, Other
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Woodbine Corridor
Title-Residential Freehold

No agent assigned

Life at 23 Aldridge Ave is described by the homeowners as "city convenience plus neighbourhood peace." The Danforth brings the culture, community & local favourites, with restaurants, coffee shops, breweries & small businesses all within walking distance, including Zav Coffee Shop & Gallery, Aviator Danforth, The Wren, The Dylan & Left Field Brewery. Right beside you is East Lynn Park, where summers bring the Farmers Market every Thursday from June to October, and winters bring the best tobogganing hill around. When summer heat waves hit, Woodbine beach and boardwalk is only a 10-minute drive from your door. Coxwell & Woodbine subway stations are under a 10-minute walk, plus Danforth GO is nearby, bringing you right to Union Station in 10 minutes. Located in the catchment of some incredible schools, Earl Haig PS & Monarch Park Collegiate, families move here for that reason alone. Inside you'll find a home that was updated, maintained and loved since purchasing. Recent updates include brand new basement built-in cabinets and a dry bar, plus an upgraded 200 amp electrical panel (2026). In 2025, the second floor bathroom was fully renovated with a custom walk-in shower, vanity and tile flooring, the main and second floor received engineered hardwood flooring along with a new staircase, railings and pickets, plus the main floor got a custom TV wall with electric fireplace. Ductless mini-splits (heat/ac) for the primary and 2nd bedroom were added plus an owned tankless water heater was installed for high-efficiency, on-demand hot water with zero monthly fees (2025). Downstairs, the basement laundry room was fully redone with custom built-in cabinets and sink, while out front, the porch was enclosed and transformed into a convenient mudroom with custom built-in storage (2023). The kitchen was fully customized and rebuilt for better flow with new appliances (2022), alongside a new back water valve and a new backyard north fence (2022). This home and area truly has it all!

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

Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,667/mo
Mortgage $4,836
Monthly Loss $4,394
Principal$1,273
Interest$3,564
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%15
10-Year IRR
7.5%
Returns Index
8.6/ 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
$41,004/yr
NOI
$26,940/yr
Net Cash Flow
-$2,591/mo
Cash Margin
-75.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.2/ 100

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

Comparables

Properties near 23 Aldridge Avenue

Time

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Data last updated within the past 24 hours.