52 Third Street, Toronto W06

$1,499,000
52 Third Street

$1,499,000

New
22d
Detached2-Storey

52 Third Street, Toronto W06

Total Monthly Obligation $6,819

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
22d
Score
16
Yield
3.5%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-W13849476
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-25 × 123 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$4,773 (2025)
Parking-2 - Other
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Metal/Steel Siding
Roof-Shingles
Foundation-Brick
Sewer-Sewer
Possession-TBD
Neighbourhood-New Toronto
Title-Residential Freehold

No agent assigned

Welcome to 52 Third Street, a detached New Toronto home offering approximately 1,200 sq. ft. of living space above grade, plus a finished lower level and a separate conditioned studio. Thoughtfully designed for everyday living, the home combines flexible interior space with features that are surprisingly difficult to find in the neighbourhood, including private driveway parking for two vehicles, EV charging and a fully fenced, private backyard. The main floor features a welcoming foyer, well proportioned living room and a spacious kitchen with extensive cabinetry, centre island and breakfast bar. A convenient mudroom and powder room add to the everyday functionality of the space. Upstairs are three bedrooms, a full bathroom and a bright rear sunroom, offering a versatile space for a home office, reading room, playroom or quiet retreat. Above, a walkable attic with a window and electricity provides substantial storage. The finished lower level adds even more flexibility, with a room featuring an egress window that could work as a fourth bedroom or recreation space, along with an office, full bathroom, laundry and additional storage. Outside, the fully fenced backyard offers a private setting for entertaining, gardening and family life. The approximately 180 sq.ft. detached studio is one of the home's standout features, with electricity, ethernet, electric heat and air conditioning. It could serve as a home office, gym, creative studio, workshop or private retreat. There is also additional storage beneath the deck and house, storage beside the studio and a gas hookup for a BBQ. Located steps from Lake Ontario, waterfront parks and trails, with schools, transit, shops, restaurants and major commuter routes nearby, 52 Third Street offers an unusually complete combination of space, parking, privacy and flexibility in New Toronto.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$6,819/mo
Mortgage $6,047
Monthly Loss $5,228
Principal$1,591
Interest$4,455
Property Tax$398
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.6/ 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
$52,320/yr
NOI
$37,815/yr
Net Cash Flow
-$2,895/mo
Cash Margin
-66.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.1/ 100

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

Comparables

Properties near 52 Third Street

Time

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