609A Harvie Avenue, Toronto W03

$1,449,000
609A Harvie Avenue

$1,449,000

New
3d
Detached3-Storey

609A Harvie Avenue, Toronto W03

Total Monthly Obligation $6,791

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
3d
Score
19
Yield
4.9%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-W14099502
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-21.98 × 75.4 ft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Detached
Age-6-15
Taxes-$6,854.66 (2025)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30/60/TBD
Neighbourhood-Caledonia-Fairbank
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated 3-bed, 4-bath detached home, located in the heart of the dynamic Caledonia-Fairbank community. Perfectly situated on a quiet residential street just steps from the new Eglinton Crosstown LRT (TTC Line 5), this home offers the best of both worlds: modern comfort and seamless city connectivity. Step inside and you're immediately greeted by a thoughtfully designed open-concept main level with high ceilings and elegant, contemporary finishes throughout. The expansive living, dining, and kitchen areas create a harmonious space perfect for everyday living and stylish entertaining, anchored by a brand-new wall of custom built-ins in the dining room that adds striking display space and practical storage. The custom kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious island that doubles as a breakfast bar. Walk out from the living area directly to the back deck, perfect for warm-weather meals and weekend barbecues, now set on newly replaced footings for lasting peace of mind. Upstairs, the primary retreat offers a peaceful escape with a spacious walk-in closet and a spa-inspired ensuite bathroom featuring modern tile work, a glass-enclosed shower, and chic fixtures. Two additional well-sized bedrooms share a full bath, making this an ideal layout for families or those in need of flexible space. The finished ground level adds incredible versatility to the home. With a comfortable family room that opens out to a private patio via large sliding doors, it's an inviting space for movie nights, a kids' play zone, or a home office. Interior access to the built-in 1-car garage and a private front driveway complete the package, offering secure parking and additional storage. Brand-new custom laundry built-ins and a full bathroom round out the basement level, offering privacy and convenience for day-to-day living. One year remains in the 7-year Tarion warranty coverage.

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

Closing Costs

Mortgage Amount
$1,159,200
Land Transfer Taxes$25,455
Legal Fees (Est.)
$
Total cash required for closing$316,755

Total Monthly Obligation

$6,791/mo
Mortgage $5,845
Monthly Loss $5,253
Principal$1,538
Interest$4,307
Property Tax$571
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$71,088/yr
NOI
$52,625/yr
Net Cash Flow
-$1,459/mo
Cash Margin
-24.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
17.4/ 100

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

Comparables

Properties near 609A Harvie Avenue

Time

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