23 Abbs Street, Toronto W01

$1,499,000
23 Abbs Street

$1,499,000

New
15d
Triplex2-Storey

23 Abbs Street, Toronto W01

Total Monthly Obligation $7,124

Beds
3
Baths
4
Park
2
Sqft
2000-2500
DOM
15d
Score
15
Yield
3.3%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Triplex
MLS® Number-W13876226
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-35.99 × 70 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Triplex
Age-100+
Taxes-$8,425.08 (2026)
Parking-2 - None
Basement-Finished, Half
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stucco (Plaster), Wood
Roof-Not Applicable
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Roncesvalles
Title-Residential Freehold

No agent assigned

Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage. Income Analysis Attached. Income of $89,102. Expenses of $29,276. NOI of $59,826. Excellent Investment Opportunity In The Highly Sought After Queen West Neighbourhood! Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances, Finished Basement, Spacious Primary Bedroom, And Walk-Out To Private Patio. Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios. Potential To Reconfigure Into Four Units. Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November. Option To Maintain Vacant For Owner Occupier Or Rent At A Higher Rental Rate. Located On A Charming, Private Cul-De-Sac Just Steps To Queen Street, Dundas West, And Roncesvalles, With Easy Access To Shops, Restaurants, And Transit.

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

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

$7,124/mo
Mortgage $6,047
Monthly Loss $5,533
Principal$1,591
Interest$4,455
Property Tax$702
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.7%13
10-Year IRR
7.2%
Returns Index
7.9/ 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
$49,800/yr
NOI
$31,895/yr
Net Cash Flow
-$3,389/mo
Cash Margin
-81.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.4/ 100

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

Comparables

Properties near 23 Abbs Street

Time

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