198 A Boon Avenue, Toronto W03

$1,049,990
198 A Boon Avenue

$1,049,990

New
28d
Semi-Detached 2-Storey

198 A Boon Avenue, Toronto W03

Total Monthly Obligation $5,008

Beds
4
Baths
3
Park
1
Sqft
1100-1500
DOM
28d
Score
20
Yield
5.1%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Semi-Detached
MLS® Number-W13827906
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-18 × 128 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$4,773 (2025)
Parking-2 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 TITANS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Corso Italia-Davenport
Title-Residential Freehold

No agent assigned

Welcome to 198A Boon Avenue, a stunning two-storey, three-bedroom semi-detached home in Toronto's vibrant Corso Italia neighbourhood. Rarely offered, this impressive and spacious property features a finished basement with a kitchen and separate entrance, providing excellent flexibility for extended family or rental-income potential. The home also includes a covered backyard porch and a laneway garage. It is an excellent opportunity for young families, investors looking to rent the main and lower levels, or anyone hoping to enter this highly desirable neighbourhood. Ideally located just steps from the St. Clair streetcar, schools, parks, places of worship, highways, shops, cafés, and restaurants, this property offers the perfect combination of urban convenience, investment potential, and welcoming community charm.

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

Closing Costs

Mortgage Amount
$839,992
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,973

Total Monthly Obligation

$5,008/mo
Mortgage $4,235
Monthly Loss $3,894
Principal$1,115
Interest$3,121
Property Tax$398
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.1%2
5-Year IRR
11.5%46
10-Year IRR
11.7%
Returns Index
24.3/ 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
$53,904/yr
NOI
$39,241/yr
Net Cash Flow
-$965/mo
Cash Margin
-21.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
20.2/ 100

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

Comparables

Properties near 198 A Boon Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.