54 East Drive, Toronto W03

$899,900
54 East Drive

$899,900

New
3d
DetachedBungalow

54 East Drive, Toronto W03

Total Monthly Obligation $4,375

Beds
3
Baths
2
Park
1
Sqft
700-1100
DOM
3d
Score
18
Yield
4.5%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-W14097028
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-35 × 95 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,441.6 (2026)
Parking-2 - Detached
Basement-Finished, Separate Entrance
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE SUPREME REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Concrete, Stucco (Plaster)
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Rockcliffe-Smythe
Title-Residential Freehold

No agent assigned

Welcome to 54 East Drive! Beautifully renovated and exceptionally spacious, this charming detached brick bungalow sits on a premium corner lot in Toronto's desirable Rockcliffe-Smythe neighbourhood. Featuring 2+1 bedrooms, a private driveway and garage, this inviting home offers a bright, open-concept living and dining area with beautiful hardwood floors, a well-appointed kitchen and a walkout to a large covered porch, perfect for outdoor dining and entertaining. A separate side entrance leads to the finished lower level, complete with a spacious bedroom, large bath, living room and kitchen rough in ready for cabinetry and appliances, offering excellent potential for extended family or a future secondary suite. Enjoy an exceptional lifestyle just moments from the prestigious Lambton Golf & Country Club, Scarlett Woods Golf Course, James Gardens, Smythe Park, High Park and the scenic Humber River trails. Conveniently located near the vibrant shops, restaurants and amenities of St. Clair West, The Stockyards and Bloor West Village, with easy access to TTC, the Eglinton Crosstown LRT, Mount Dennis Station, UP Express, GO Transit and major highways. A rare opportunity to enjoy beautifully updated living, generous outdoor space and the tranquility of a nature-filled neighbourhood, all while remaining minutes from the conveniences of the city. An exceptional home offering the perfect balance of location, lifestyle and versatility.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,375/mo
Mortgage $3,630
Monthly Loss $3,420
Principal$955
Interest$2,675
Property Tax$370
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$40,800/yr
NOI
$27,778/yr
Net Cash Flow
-$1,315/mo
Cash Margin
-38.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.2/ 100

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

Comparables

Properties near 54 East Drive

Time

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