22 Monterrey Drive, Toronto W10

$789,900
22 Monterrey Drive

$789,900

New
37d
DetachedBacksplit 3

22 Monterrey Drive, Toronto W10

Total Monthly Obligation $3,852

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
37d
Score
19
Yield
4.8%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-W13794996
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-45 × 122.5 ft
Listed on site-Sep 16, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$3,484.14 (2025)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thistletown-Beaumonde Heights
Title-Residential Freehold

No agent assigned

Welcome to 22 Monterrey Drive, a lovingly cared-for home proudly offered for the first time in 52 years. This inviting three-bedroom backsplit offers a spacious eat-in kitchen, bright living and dining rooms, and floor-to-ceiling windows that fill the home with natural light. Three generously sized bedrooms provide comfortable family living, while the finished basement adds valuable space with a family room, bar area and cantina. Set on a large lot in a convenient location close to schools, shopping, the airport and major highways. A wonderful opportunity to own a truly cherished home.

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

Closing Costs

Mortgage Amount
$631,920
Land Transfer Taxes$12,273
Legal Fees (Est.)
$
Total cash required for closing$171,753

Total Monthly Obligation

$3,852/mo
Mortgage $3,186
Monthly Loss $3,013
Principal$838
Interest$2,348
Property Tax$290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.0%35
10-Year IRR
10.5%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,884/yr
NOI
$26,111/yr
Net Cash Flow
-$1,010/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.5/ 100

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

Comparables

Properties near 22 Monterrey Drive

Time

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Data last updated within the past 24 hours.