18 Celestine Drive, Toronto W09

$1,299,900
18 Celestine Drive

$1,299,900

New
18d
DetachedBungalow

18 Celestine Drive, Toronto W09

Total Monthly Obligation $5,977

Beds
4
Baths
3
Park
3
Sqft
1100-1500
DOM
18d
Score
16
Yield
3.7%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-W13863276
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-52 × 108 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,305.84 (2025)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-Immed/ TBA
Neighbourhood-Willowridge-Martingrove-Richview
Title-Residential Freehold

No agent assigned

Beautifully renovated 3+1 bedrooms, 3 washrooms, bungalow in desirable Martin Grove Gardens, offering the rare advantage of a stylish, move-in-ready home in a neighbourhood where many bungalows remain largely original. Fully renovated just a few years ago, this home shows exceptionally well and the value of the updates is clear from the moment you walk in. The bright, open-concept main floor offers an inviting layout with quality laminate flooring, pot lights, and a fresh, modern feel throughout. The stylish white kitchen features quartz countertops, stainless steel appliances, a centre island, and excellent flow for both everyday living and entertaining. The main living and dining areas feel open, comfortable, and practical, creating a welcoming space for family life, hosting friends, or simply enjoying a turnkey home without the stress of immediate renovations. Walk out to the back deck and enjoy a private backyard ideal for summer gatherings, children, pets, gardening, or quiet relaxation. The finished basement adds excellent flexibility with an additional bedroom, spacious recreation room, second kitchen, and generous living space that can easily accommodate extended family, guests, work-from-home needs, hobbies, or entertaining. With its thoughtful updates, polished presentation, and versatile layout, this home offers a clear premium over the typical unrenovated bungalow. Completely move-in ready, inviting, and full of possibilities in a well-established Etobicoke neighbourhood close to schools, parks, transit, highways, shopping, and everyday conveniences. Note: Laneway structure a possibility.

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

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$5,977/mo
Mortgage $5,243
Monthly Loss $4,597
Principal$1,380
Interest$3,864
Property Tax$359
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 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
$48,396/yr
NOI
$34,751/yr
Net Cash Flow
-$2,348/mo
Cash Margin
-58.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.3/ 100

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

Comparables

Properties near 18 Celestine Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.