24 Gala Lane, Toronto W07

$1,448,000
24 Gala Lane

$1,448,000

New
23d
Att/Row/Townhouse3-Storey

24 Gala Lane, Toronto W07

Total Monthly Obligation $6,711

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
23d
Score
17
Yield
4.1%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Att/Row/Townhouse
MLS® Number-W13843396
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-22.57 × 68.86 ft
Listed on site-Sep 30, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,938.98 (2026)
Parking-6 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stonegate-Queensway
Title-Residential Freehold

No agent assigned

FREEHOLD. NO MAINTENANCE FEES. 2300+ SQ. FT. 6-CAR PARKING. Welcome to one of South Etobicoke's most exceptionally spacious townhomes with 9-ft ceilings, hardwood oak floors and an intuitive layout with no wasted space. The home strikes the perfect balance between open-concept living and beautifully defined rooms. Two separate living areas, two fireplaces and an elegant dining room provide plenty of space to gather and entertain, while the generous chef's kitchen features a large island, high-end appliances, pantry pull-outs and newly updated countertops, backsplash, sink and faucet (2026).Escape to the third floor, dedicated entirely to an impressive primary retreat complete with a covered private balcony, walk-in closet, abundant storage and spa-like 5-pc ensuite. Outside, the private, low-maintenance backyard with interlocking patio and gas BBQ hookup creates an effortless extension of the living space for summer entertaining. EV-ready with a Level 2 charger, the home offers exceptional parking with a 2-car garage and 4-car driveway, including a 2-car carport, along with a commercial-grade water softener(2025).Enjoy the best of the South Etobicoke lifestyle with Mimico GO, TTC and the Gardiner nearby, plus convenient access to the waterfront, parks, trails, schools and daycares. Walk to everyday essentials and neighbourhood favourites including Costco, No Frills, Sobeys, SanRemo Bakery, Tom's Dairy Freeze, Great Lakes Brewery and more. A rare combination of space, privacy, parking and convenience-all just minutes from downtown!

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

Closing Costs

Mortgage Amount
$1,158,400
Land Transfer Taxes$25,435
Legal Fees (Est.)
$
Total cash required for closing$316,535

Total Monthly Obligation

$6,711/mo
Mortgage $5,841
Monthly Loss $5,174
Principal$1,537
Interest$4,304
Property Tax$495
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%27
10-Year IRR
9.6%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$59,700/yr
NOI
$43,291/yr
Net Cash Flow
-$2,233/mo
Cash Margin
-44.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
16.0/ 100

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

Comparables

Properties near 24 Gala Lane

Time

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