24 Acorn Avenue, Toronto W08

$1,299,000
24 Acorn Avenue

$1,299,000

New
15d
DetachedBungalow

24 Acorn Avenue, Toronto W08

Total Monthly Obligation $6,014

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
15d
Score
16
Yield
3.5%
Cash on Cash
-7.6%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-W13875826
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-35 × 110 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,785 (2025)
Parking-4 - None
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Islington-City Centre West
Title-Residential Freehold

No agent assigned

Exceptional Opportunity in Toronto! Welcome to 24 Acorn Avenue, an extensively upgraded bungalow offering over 2,500 sq. ft. of total finished living space and outstanding flexibility for families, multi-generational living or investors. The main floor features 3 spacious bedrooms, a separate kitchen and a bright, functional layout designed for comfortable everyday living.The finished basement offers 2 additional bedrooms, its own kitchen, two separate entrances and the potential for two separate living/rental arrangements, providing excellent flexibility and income potential. With multiple living areas and independent access points, this property presents a unique opportunity for buyers looking to live, invest, or combine both under one roof.2 Situated on a generous frontage with parking for 4 vehicles, the property is located in a highly convenient Toronto neighbourhood with excellent connectivity to major highways and routes, shopping, restaurants, transit and everyday amenities. 5 Bedrooms 2 Kitchens Basement Entrances 4-Car Parking 2,500+ Sq. Ft. Finished Living Space. A rare combination of space, upgrades, accessibility and income potential-24 Acorn Avenue is an opportunity you don't want to miss! the upstairs unit is rented for $3000, along with the basement income. Both tenants are willing to stay or leave based on the buyer's preference. Key Highlights & Income Potential Extensively Renovated & Expanded: Seamlessly extended to appro ~1,200 sqft per floor (~2,500 sqft total living space across the main floor and basement), Immediate Rental Income: The fully finished basement is currently generating $2,100/month. Premium, Independent Basement Layout In-Unit Laundry: Equipped with its own dedicated washer and dryer, ensuring tenants do not have to share laundry facilities.

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

Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,014/mo
Mortgage $5,240
Monthly Loss $4,635
Principal$1,379
Interest$3,861
Property Tax$399
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.2/ 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
$46,008/yr
NOI
$32,122/yr
Net Cash Flow
-$2,563/mo
Cash Margin
-66.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.0/ 100

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

Comparables

Properties near 24 Acorn Avenue

Time

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