1374 Highgate Road, Parkway Park - Queensway Terrace S and Area

$584,000
1374 Highgate Road

$584,000

New
37d
DetachedBungalow

1374 Highgate Road, Parkway Park - Queensway Terrace S and Area

Total Monthly Obligation $3,152

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
37d
Score
20
Yield
5.4%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X13794482
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 109 ft
Listed on site-Sep 16, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,050.27 (2026)
Parking-3 - Carport
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible / As soon as possible
Neighbourhood-6304 - Parkway Park
Title-Residential Freehold

No agent assigned

This well-located 3-bedroom bungalow near Baseline Road and Woodroffe Avenue offers real opportunity, for both investors and project seekers alike! Situated on an approx.. 50' x 110' lot, the property provides ample space and potential to renovate and personalize to match your vision. The main level features a spacious living room with a large window, a functional kitchen, three bedrooms and a full bathroom, with the two smaller bedrooms recently repainted. The property may also have potential for a Secondary Dwelling Unit (SDU) and additional rental income, subject to municipal approvals and requirements. Conveniently located near Algonquin College, College Square, parks, schools, transit, shopping, restaurants and major roadways. An additional stand-alone garage in the backyard can be used as a workshop. An excellent opportunity for buyers and/or investors seeking a project with plenty of possibilities. Bring your ideas and dreams and make this home truly your own!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$467,200
Land Transfer Taxes$8,155
Legal Fees (Est.)
$
Total cash required for closing$126,455

Total Monthly Obligation

$3,152/mo
Mortgage $2,356
Monthly Loss $2,532
Principal$620
Interest$1,736
Property Tax$421
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.6%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,788/yr
NOI
$19,059/yr
Net Cash Flow
-$767/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.1/ 100

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

Comparables

Properties near 1374 Highgate Road

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.