889 Mountainview Avenue, Britannia Heights - Queensway Terrace N and Area

$729,900
889 Mountainview Avenue

$729,900

New
39d
DetachedBungalow

889 Mountainview Avenue, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $3,860

HausQ Valuation Report
Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
39d
Score
19
Yield
5.4%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X13781444
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-84.5 × 84 ft
Listed on site-Sep 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,488 (2026)
Parking-5 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-6204 - Whitehaven
Title-Residential Freehold

No agent assigned

*OPEN HOUSE: SUNDAY OCTOBER 18 2PM-4PM* Own this detached home in the city for the price of a townhome! Welcome to this well-located 3-bedroom bungalow nestled in a desirable and highly convenient neighbourhood. Offering an excellent combination of comfortable living, customization potential, and future opportunity, this property is ideally situated close to a wide range of amenities, including shopping, restaurants, schools, parks, public transit, and LRT access. The home features a functional 3-bedroom layout with a basement you can put your finishing touches on. The new owner can bring their vision to life and finish the lower level to suit their needs - whether creating additional bedrooms, a recreation room, home office, gym, or entertainment space. The possibilities are yours to explore and customize.

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

Closing Costs

Mortgage Amount
$583,920
Land Transfer Taxes$11,073
Legal Fees (Est.)
$
Total cash required for closing$158,553

Total Monthly Obligation

$3,860/mo
Mortgage $2,944
Monthly Loss $3,085
Principal$775
Interest$2,169
Property Tax$541
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%37
10-Year IRR
10.8%
Returns Index
19.8/ 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
$39,576/yr
NOI
$24,630/yr
Net Cash Flow
-$892/mo
Cash Margin
-27.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.7/ 100

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

Comparables

Properties near 889 Mountainview Avenue

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.