2077 PALMER Avenue, Alta Vista and Area

$1,299,900
2077 PALMER Avenue

$1,299,900

New
62d
Detached2-Storey

2077 PALMER Avenue, Alta Vista and Area

Total Monthly Obligation $6,236

Beds
4
Baths
4
Park
3
Sqft
2000-2500
DOM
62d
Score
17
Yield
4.1%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13703622
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-70 × 120 ft
Listed on site-Aug 22, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,415 (2025)
Parking-4 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Wood , Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-3606 - Alta Vista/Faircrest Heights
Title-Residential Freehold

No agent assigned

Location, Location, Location! Distinctive, Well-Maintained Family Home On A Private Large Treed Lot In A Coveted Area Of Alta Vista. The Home Has 4 Bedrooms, 4 Bathrooms, And A Finished Lower Level With A Large Recreation Room Boasting Cork Flooring. Two Of The 2nd Level Bedrooms Have Luxurious Ensuite Bathrooms, The Flooring Includes Brazilian Cherry Wood, And There Is A Beautiful Laurysen Eat-In Kitchen With A Bay Window. The Laundry Is Conveniently Located On The 2nd Level And Additionally On The Lower Level. Across The Street Is Cunningham Park. This Home Is Also Close To Hospitals, Schools, And Is Just Minutes From The Downtown Core. The Unique Design Allows For Flex Space Throughout Accommodating Many Uses Such As Home Office, Nanny-Suite, In-Law Suite, Or Art Studio. A Must See! "Some photos feature virtual staging."

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

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$6,236/mo
Mortgage $5,243
Monthly Loss $4,857
Principal$1,380
Interest$3,864
Property Tax$618
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 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
$53,640/yr
NOI
$36,361/yr
Net Cash Flow
-$2,213/mo
Cash Margin
-49.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
16.1/ 100

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

Comparables

Properties near 2077 PALMER Avenue

Time

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