70 Driftwood Avenue 161, Toronto W05

$474,999
70 Driftwood Avenue 161

$474,999

New
24d
Condo Townhouse2-Storey

70 Driftwood Avenue 161, Toronto W05

Total Monthly Obligation $2,771

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
24d
Score
40
Yield
8.7%
Cash on Cash
9.6%
Cap Rate
6.7%
5Y IRR
23.4%
10Y IRR
21.1%
Property Type-Condo Townhouse
MLS® Number-W13846426
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,427.2 (2026)
Maintenance-$535.79/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-anytime
Neighbourhood-Glenfield-Jane Heights
Title-Residential Condo & Other

No agent assigned

Enjoy the additional privacy of an end unit. Spacious townhouse with its own yard. Freshly painted and with new flooring throughout. The "utility room" can easily be converted to an office, a bedroom or a den. Conveniently located within walking distance of the Finch LRT, bus stop on Driftwood & shopping at Jane and Finch. Close to schools and York University (easy student rental). Private yard alone is 25' x 25', plus a terrace at the entrance. Move-in ready or renovate to your heart's desire. This is a once in a lifetime opportunity to purchase a proper townhouse at this price. Great for first-time home buyers!

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

Closing Costs

Mortgage Amount
$379,999
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,771/mo
Mortgage $1,916
Monthly Loss $2,267
Principal$504
Interest$1,412
Property Tax$119
Condo Fees$536
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
3.9%18
5-Year IRR
18.9%89
10-Year IRR
17.9%
Returns Index
51.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
40/ 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
$41,316/yr
NOI
$26,928/yr
Net Cash Flow
$328/mo
Cash Margin
9.5%25
Cash Flow Index
25.1/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
39.4/ 100

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

Comparables

Properties near 70 Driftwood Avenue 161

Time

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Data last updated within the past 24 hours.