40 Morningside Avenue, Toronto W01

$2,599,000
40 Morningside Avenue

$2,599,000

New
19d
Detached3-Storey

40 Morningside Avenue, Toronto W01

Total Monthly Obligation $10,859

Beds
4
Baths
5
Park
2
Sqft
2000-2500
DOM
19d
Score
15
Yield
3.0%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-W13860308
Beds-4
Bathrooms-5
Size-2000-2500 sqft
Lot Size-25 × 90 ft
Listed on site-Oct 4, 2026
Style-3-Storey
Building Type-Detached
Age-New
Parking-3 - Built-In
Basement-Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-SIXROOFS REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Electric
Pool-None
Facing-North
Exterior-Stucco (Plaster), Brick
Roof-Flat
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-60-90
Neighbourhood-High Park-Swansea
Title-Residential Freehold

No agent assigned

Welcome to 40 Morningside Avenue, a rare newly-built legal duplex offering just under 2,800 sq. ft. of sophisticated living space in a premier Toronto location. The airy main level impresses with soaring 10 ft. ceilings and an expansive open-concept layout that flows beautifully for entertaining, complemented by a cozy gas fireplace in the family room and the convenience of direct interior access to the garage. The home's crown jewel is the spectacular third-floor primary suite, a dedicated private sanctuary featuring a south-facing balcony with breathtaking views of the surrounding greenery. This property offers incredible versatility through its legal basement apartment, which feels like a primary living space thanks to tons of natural light, a full kitchen, and its own separate HVAC equipment. This lower level serves as a high-potential income generator, a suite for a stay-in nanny, or a professional home office, yet it can be easily integrated back into the main home by opening the drywall across from the garage door. Perfectly situated for the active urbanite, you are a mere stone's throw from the 400-acre oasis of High Park and within easy walking distance of the Bloor subway line, offering the perfect balance of nature and transit accessibility. This is a rare opportunity to own a modern, high-ceilinged masterpiece with flexible living options in a location that is truly second to none.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$2,079,200
Land Transfer Taxes$51,450
Legal Fees (Est.)
$
Total cash required for closing$572,750

Total Monthly Obligation

$10,859/mo
Mortgage $10,484
Monthly Loss $8,100
Principal$2,759
Interest$7,725
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$77,508/yr
NOI
$65,257/yr
Net Cash Flow
-$5,046/mo
Cash Margin
-78.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
13.0/ 100

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

Comparables

Properties near 40 Morningside Avenue

Time

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