38 Wilmar Road, Toronto W08

$2,588,800
38 Wilmar Road

$2,588,800

New
27d
Detached2-Storey

38 Wilmar Road, Toronto W08

Total Monthly Obligation $11,717

Beds
5
Baths
5
Park
8
Sqft
3500-5000
DOM
27d
Score
16
Yield
3.6%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-W13832224
Beds-5
Bathrooms-5
Size-3500-5000 sqft
Lot Size-50 × 149 ft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,790.98 (2025)
Parking-10 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Electric)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60/90/TBD
Neighbourhood-Islington-City Centre West
Title-Residential Freehold

No agent assigned

A beautiful, meticulously maintained custom-built luxury residence with elegant finishes and thoughtfully designed living spaces throughout. Featuring 9-foot ceilings on all levels, including the renovated basement (2016), this home seamlessly blends timeless traditional design with modern comfort. The main level showcases a stunning custom traditional-style kitchen complete with granite countertops, stone backsplash, triple sink with garburator, and a large breakfast area perfect for family living and dining. Multiple fireplaces throughout the home (gas and electric) create warmth and sophistication across principal rooms. Upstairs, retreat to the expansive master bedroom featuring a luxurious spa-inspired ensuite complete with jet tub, bidet, and lengthy walk-in closet spacious for both him and her. The second floor also offers the convenience of a dedicated laundry room, fit with a large sink and drainage, designed for practical everyday living. The professionally finished basement is ideal for extended family or entertaining, featuring radiant heated floors, a full secondary kitchen with stainless steel appliances and granite countertops, elegant marble fireplace feature wall, a luxurious wine cellar fitted with a sink, and a beautifully finished marble-floor 3 piece bathroom. Direct walk-out access leads seamlessly to the backyard oasis. Additional features continue to impress with a double car garage offering additional loft storage space, remote and smartphone-enabled garage door openers, sprinkler systems, a gas BBQ unit, large backyard shed with loft storage, and a private outdoor setting perfect for relaxing or entertaining. (Some photos have been AI altered to show possibilities of different ways of furnishing/styling)

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

Closing Costs

Mortgage Amount
$2,071,040
Land Transfer Taxes$51,195
Legal Fees (Est.)
$
Total cash required for closing$570,455

Total Monthly Obligation

$11,717/mo
Mortgage $10,443
Monthly Loss $8,969
Principal$2,748
Interest$7,695
Property Tax$899
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.6%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$93,756/yr
NOI
$69,089/yr
Net Cash Flow
-$4,685/mo
Cash Margin
-60.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
13.0/ 100

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

Comparables

Properties near 38 Wilmar Road

Time

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