116 Elmcrest Road, Toronto W08

$3,588,000
116 Elmcrest Road

$3,588,000

New
20d
Detached2-Storey

116 Elmcrest Road, Toronto W08

Total Monthly Obligation $15,803

Beds
4
Baths
5
Park
4
Sqft
3000-3500
DOM
20d
Score
14
Yield
2.4%
Cash on Cash
-12.1%
Cap Rate
2.0%
5Y IRR
6.2%
10Y IRR
7.3%
Property Type-Detached
MLS® Number-W13858510
Beds-4
Bathrooms-5
Size-3000-3500 sqft
Lot Size-65.25 × 155.01 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,462.09 (2026)
Parking-6 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY CENTRE
Cooling-Central Air
Laundry-No
Fireplace-Other
Pool-None
Facing-West
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30/60/90/TBA
Neighbourhood-Eringate-Centennial-West Deane
Title-Residential Freehold

No agent assigned

Look No Further! Welcome To 116 Elmcrest Road, A Modern Custom Home Situated On A Premium 65 X 155 Ft In Etobicoke's Sought-After Eringate-Centennial-West Deane Neighbourhood. Positioned On Toronto's Vibrant Western Edge, This Prime Location Puts Lush Green Spaces, World-Class Sports Facilities, Shopping & Major Transit Routes Right At Your Doorstep. This Home Features Over 4750 SqFt Of Modern Luxury Living. Ostaco Prism Black Windows. Crafted With Top-Tier Finishes, The Main Level Boasts 9ft Smooth Ceilings, 7" Santorini Hardwood Floors, And A Stunning Foyer Featuring Patagonia Quartzite, Italian Light Fixtures, And A White Oak Mono-Beam Staircase With Glass Railings And Tread Lighting. The Heart Of The Home Is A Chef's Kitchen With Custom Carini Walnut And Soft-Touch Black Cabinetry, Illuminated Cristallo Quartzite Backsplash, Black Tempest Leather Slab Island, And Built-In Premium Appliances Including A Fulgor Milano Espresso Maker. Relax In The Spacious Living Room O/Looking The Oversized Backyard And Centered Around A 2-Sided 360-Degree Dimplex Opti-Myst Electric Fireplace And An 85" Tv. The Main Floor Also Offers A Mudroom/Laundry With A Pet Shower, Custom Cabinetry, And A Sleek Powder Room With Radiant Heated Floors. Upstairs, Find 9ft Ceilings, 4 Spacious Bedrooms With Large Closets & Organizers, Second-Floor Laundry, And 3 Spa-Like Baths With Radiant Heated Floors, Wall-Mount Toilets, And Led Anit-Fog Mirrors. The Primary Suite Features A Luxury Ensuite With Tenzo Italian Fixtures And Custom Vanity. The W/O Basement Features About 8ft Ceilings, Rough-In For A Kitchen, Rough-In For Wiring For A Home Theater/Golf Simulator, A Brick Veneer Wine Cellar With Cedar Shelving And A Hidden Crawl Space For Extra Storage. Outdoors, Enjoy An Indiana Limestone & Stucco Exterior, A Large Wooden Deck, Rustic Covered Under-Deck Patio, Gas Fireplace With Bbq Hookup, Irrigation System, & A 121-Jet Oxford Spa Jacuzzi. A True Masterpiece Of Modern Elegance! Don't Miss!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,870,400
Land Transfer Taxes$76,175
Legal Fees (Est.)
$
Total cash required for closing$795,275

Total Monthly Obligation

$15,803/mo
Mortgage $14,473
Monthly Loss $11,995
Principal$3,809
Interest$10,664
Property Tax$955
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.2%9
10-Year IRR
6.0%
Returns Index
5.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$86,880/yr
NOI
$62,230/yr
Net Cash Flow
-$9,287/mo
Cash Margin
-128.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
11.3/ 100

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

Comparables

Properties near 116 Elmcrest Road

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.

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Data last updated within the past 24 hours.