3 Cardell Avenue, Toronto W04

$899,000
3 Cardell Avenue

$899,000

New
25d
Detached2-Storey

3 Cardell Avenue, Toronto W04

Total Monthly Obligation $4,292

Beds
3
Baths
3
Park
3
Sqft
1100-1500
DOM
25d
Score
21
Yield
5.1%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-W13839786
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-25 × 120 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,491.26 (2025)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Humberlea-Pelmo Park W4
Title-Residential Freehold

No agent assigned

Welcome to 3 Cardell Ave, nestled in a highly desirable and commuter-friendly North Toronto neighbourhood. This inviting home offers an exceptional lifestyle with the scenic Humber River and extensive trail system just moments away. Enjoy easy access to a wide variety of shops, restaurants, cafes and everyday amenities, while convenient connections to the TTC and UP Express make commuting throughout the city a breeze. With quick access to major highways including the 401, 400, 409 and Black Creek Drive, this home perfectly blends urban convenience with the tranquility of a well-connected residential community. Step outside to your own backyard retreat, complete with a fire pit, garden and spacious shed, perfect for relaxing, entertaining and enjoying the outdoors. A wonderful opportunity to experience the best of nature, neighbourhood and city living.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,292/mo
Mortgage $3,626
Monthly Loss $3,338
Principal$954
Interest$2,672
Property Tax$291
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%47
10-Year IRR
11.7%
Returns Index
24.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$46,272/yr
NOI
$33,654/yr
Net Cash Flow
-$822/mo
Cash Margin
-21.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
22.1/ 100

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

Comparables

Properties near 3 Cardell 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.

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Data last updated within the past 24 hours.