59 Manitoba Street, Toronto W06

$999,999
59 Manitoba Street

$999,999

New
15d
DetachedBungalow

59 Manitoba Street, Toronto W06

Total Monthly Obligation $4,818

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
15d
Score
17
Yield
4.0%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-W13878508
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 125 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,910.79 (2026)
Parking-5 - Detached
Basement-Apartment, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 INNOVATIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate/Flex
Neighbourhood-Mimico
Title-Residential Freehold

No agent assigned

Beautifully renovated bungalow in the heart of Mimico, situated on a premium 40 x 125 ft lot with a private driveway, spacious deck, and large detached garage. The sun-filled main level features an open-concept layout with a modern kitchen, updated bathroom, and comfortable bedrooms. The finished lower-level basement apartment offers exceptional flexibility with its own private entrance, second kitchen, living area, bedroom, bathroom, and large above-grade windows. The shared laundry room is conveniently accessible to both levels. Move-in ready and meticulously maintained. Ideally located within walking distance to local stores and the GO Station, with quick access to the Lake and QEW.

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

Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,818/mo
Mortgage $4,034
Monthly Loss $3,756
Principal$1,061
Interest$2,972
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,756/yr
NOI
$26,370/yr
Net Cash Flow
-$1,836/mo
Cash Margin
-55.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.3/ 100

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

Comparables

Properties near 59 Manitoba Street

Time

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