26 Majestic Drive, South of Baseline to Knoxdale

$1,100,000
26 Majestic Drive

$1,100,000

New
61d
DetachedBungalow

26 Majestic Drive, South of Baseline to Knoxdale

Total Monthly Obligation $5,175

Beds
7
Baths
3
Park
1
Sqft
700-1100
DOM
61d
Yield
3.2%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13704868
Beds-7
Bathrooms-3
Size-700-1100 sqft
Lot Size-75 × 100 ft
Listed on site-Aug 23, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,350 (2025)
Parking-5 - Carport
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-7606 - Manordale
Title-Residential Freehold

No agent assigned

Steps from Algonquin College - Fully Legal Renovated Bungalow with Two Units (4+3 Beds). Exceptional income or multi-family opportunity in a prime location. This fully legal, renovated detached bungalow offers two self-contained units with separate entrances, featuring 3 new full bathrooms, 2 quartz-countertop kitchens, and stainless steel appliances. The main floor includes a bright family room, kitchen, dining area, laundry, 4 bedrooms, and a full bath. The lower unit offers its own kitchen, laundry, 3 bedrooms, and 2 full bathrooms (including en-suite) with large windows for excellent natural lights . Major upgrades completed in 2024 (furnace, A/C, hot water tank). Located 5 minutes from Algonquin College, steps to transit, and close to Baseline Rd & Hunt Club. Parking for up to 5 vehicles with a covered carport and long double driveway. Two separate hydro meters. Currently rented for $6,000/month: Upstairs: $3,100/month Downstairs: $2,900/month Leases expire June 2027

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Closing Costs

Mortgage Amount
$880,000
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,975

Total Monthly Obligation

$5,175/mo
Mortgage $4,437
Monthly Loss $4,007
Principal$1,168
Interest$3,269
Property Tax$363
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 26 Majestic Drive

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