24 Fieldway Road 5, Toronto W08

$495,000
24 Fieldway Road 5

$495,000

New
3d
Condo Townhouse3-Storey

24 Fieldway Road 5, Toronto W08

Total Monthly Obligation $2,855

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
3d
Score
23
Yield
6.7%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Townhouse
MLS® Number-W14098398
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,698.44 (2026)
Maintenance-$350.25/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Outstanding in Its Field-way. And the award goes to... Unit 5. Chosen on merit as the superior south-facing 2 bed, 2 bath in the complex, it wins big with rare, unobstructed south views over treetops and fire-lit chimneys. The nominations start at the door: a properly sized foyer with a full closet (refreshing for stacked towns). Hardwood stairs (no carpet here) lead you to a sprawling main level that's both trendy and visually stimulating. Yes, actually steamy, thanks to that view and the centre-island layout. The kitchen is balling: granite counters, undermount sink and stainless appliances. You can fit your whole life in here and feel excited about it (yes, there's a powder room and laundry too). Let's head up to the bedroom level. Two good-sized bedrooms, both with closets and bright green views of the freaking treetops again! Step out to a huge shared bathroom with elevated fixtures and textures that give you a swanky hotel vibe. Speaking of swanky, call your famous friends and CHILL so freaking hard on this rooftop. Best view in the complex, if you ask me. There's room for a full sectional, dining table, outdoor TV and BBQ. It's sun-soaked by day and sparkles with city lights by night. The supporting cast: parking, fobbed bike storage, smart thermostat, power zebra blinds in most rooms, trendy laminate floors, real wood stairs and rails, and upgraded fixtures and lighting. I'd love to tell you the competition was close... but I'd be lying. (some patio shots virtual)

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,855/mo
Mortgage $1,997
Monthly Loss $2,330
Principal$525
Interest$1,471
Property Tax$308
Condo Fees$350
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.6%55
10-Year IRR
12.8%
Returns Index
28.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,360/yr
NOI
$19,723/yr
Net Cash Flow
-$353/mo
Cash Margin
-12.7%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
30.1/ 100

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

Comparables

Properties near 24 Fieldway Road 5

Time

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