81 Billings Avenue, Toronto E01

$999,000
81 Billings Avenue

$999,000

New
2d
Semi-Detached 2-Storey

81 Billings Avenue, Toronto E01

Total Monthly Obligation $4,856

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
2d
Score
20
Yield
5.1%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Semi-Detached
MLS® Number-E14103166
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-20.4 × 104.9 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$5,417.21 (2026)
Parking-2 - Detached
Basement-Finished, Separate Entrance
Heating-Heat Pump (Electric)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Greenwood-Coxwell
Title-Residential Freehold

No agent assigned

A thoughtful refresh, a functional floor plan, and a quiet address just steps from Greenwood Park.81 Billings Avenue has recently undergone a considered transformation, with new flooring, baseboards, lighting, a beautifully updated bathroom, and a brand-new deck. The interiors feel fresh and inviting, with warm finishes, natural light, and a generous living area that makes everyday life feel effortless.The layout is practical without compromising on space. An eight-foot basement with a separate side entrance offers exciting potential for a future apartment, additional living space, or a place to work from home. A garage provides valuable storage or parking, while the unusually wide mutual driveway, shared with considerate neighbours, comfortably accommodates two vehicles.Outside, the new deck creates an easy extension of the living space, perfect for a quiet morning coffee or an evening with friends.The location is equally compelling. Tucked away on a remarkably quiet street, the home is just steps from the green space and recreation at Greenwood Park. Gerrard Street's independent restaurants and neighbourhood favourites are an easy walk away, as are the fitness studios along Queen and Eastern. Multiple transit routes keep the rest of the city within easy reach.A home that balances good design with the practicalities of family life, in a neighbourhood that makes it easy to feel at home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,856/mo
Mortgage $4,030
Monthly Loss $3,796
Principal$1,060
Interest$2,969
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.0%43
10-Year IRR
11.4%
Returns Index
22.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$51,000/yr
NOI
$35,983/yr
Net Cash Flow
-$1,031/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
20.2/ 100

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

Comparables

Properties near 81 Billings Avenue

Time

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