359 Renforth Drive, Toronto W08

$899,000
359 Renforth Drive

$899,000

New
2d
DetachedBungalow

359 Renforth Drive, Toronto W08

Total Monthly Obligation $4,386

HausQ Valuation Report
Beds
4
Baths
2
Park
1
Sqft
1100-1500
DOM
2d
Score
23
Yield
5.9%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-W14101136
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-52.08 × 105 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,615.02 (2025)
Parking-2 - Other
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-45/60/90 days
Neighbourhood-Etobicoke West Mall
Title-Residential Freehold

No agent assigned

Welcome to this fantastic opportunity to own an affordable three-bedroom home in the city's desirable west end. Offering an attached garage, additional covered parking with a carport, and a spacious partially finished basement, this property provides an excellent foundation for families, first-time buyers, or anyone looking to add value over time. The home's functional layout offers comfortable everyday living, while the basement presents endless possibilities for additional living space, a recreation room, home office, gym, or workshop. Whether you're looking to move in and personalize at your own pace or undertake a renovation to maximize its potential, this property is ready for your vision. Affordable opportunities in this sought-after location are becoming increasingly rare. With convenient access to schools, parks, shopping, transit, and major commuter routes, this home combines exceptional value with an unbeatable location. Don't miss your chance to make it your own.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,386/mo
Mortgage $3,626
Monthly Loss $3,432
Principal$954
Interest$2,672
Property Tax$385
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.4%4
5-Year IRR
13.7%63
10-Year IRR
13.5%
Returns Index
32.9/ 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
$53,400/yr
NOI
$38,945/yr
Net Cash Flow
-$381/mo
Cash Margin
-8.6%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
23.9/ 100

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

Comparables

Properties near 359 Renforth 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.

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Data last updated within the past 24 hours.