42 Smithfield Drive, Toronto W07

$999,888
42 Smithfield Drive

$999,888

New
8d
DetachedBungalow

42 Smithfield Drive, Toronto W07

Total Monthly Obligation $4,856

Beds
3
Baths
2
Park
5
Sqft
700-1100
DOM
8d
Score
17
Yield
4.1%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-W14082660
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-34.05 × 180.43 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,369.1 (2025)
Parking-5 - None
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ANALYST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stonegate-Queensway
Title-Residential Freehold

No agent assigned

Welcome to 42 Smithfield Drive a completely transformed residence offering exceptional value in the heart of the city. The main level features soaring 10+ ft ceilings, creating a bright, open atmosphere across its 2-bedroom layout with a beautifully renovated full bath and convenient in-suite laundry.Step through the brand-new sliding doors onto a spacious deck that overlooks an oversized backyard offering the perfect canvas for a future garden suite to expand your living space or generate additional income.Downstairs, a separate 1-bedroom basement apartment includes its own bathroom and full laundry, ideal for rental income, in-laws, or extended family.This home has been meticulously renovated from the ground up: brand-new framing, insulation, drywall, paint, waterproofing, plumbing, electrical, HVAC, ductwork, bathrooms, and flooring absolutely everything has been updated.Perfectly located near top-ranked schools, major highways, and just minutes from downtown Toronto. A rare opportunity for homeowners, investors, and builders alike

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

Closing Costs

Mortgage Amount
$799,910
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,951

Total Monthly Obligation

$4,856/mo
Mortgage $4,033
Monthly Loss $3,794
Principal$1,061
Interest$2,972
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.2/ 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
$40,920/yr
NOI
$26,959/yr
Net Cash Flow
-$1,787/mo
Cash Margin
-52.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
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 42 Smithfield 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.