2118 Westbourne Avenue, McKellar Heights - Glabar Park and Area

$2,149,900
2118 Westbourne Avenue

$2,149,900

Price Change
36d
Detached2-Storey

2118 Westbourne Avenue, McKellar Heights - Glabar Park and Area

Total Monthly Obligation $9,912

Beds
3
Baths
3
Park
2
Sqft
2500-3000
DOM
36d
Score
15
Yield
3.2%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-X13798164
Beds-3
Bathrooms-3
Size-2500-3000 sqft
Lot Size-104.35 × 49.96 ft
Listed on site-Sep 17, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,381 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Stone, Wood
Roof-Asphalt Shingle, Membrane
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-5201 - McKellar Heights/Glabar Park
Title-Residential Freehold

No agent assigned

Exceptional custom-built residence offering approximately 2,400 sq. ft. of thoughtfully designed living space in Glabar Park. Built in 2018 by RELM Builders Inc., with interiors concept of design done by O'Keefe, this contemporary home combines striking design with an impressive level of craftsmanship, comfort and attention to detail. With many floor-to-ceiling windows it fills the interior with natural light, while flush baseboards, solid-core doors and refined architectural details create a clean, modern aesthetic throughout. At the heart of the home is a custom Astro kitchen featuring, integrated high-end appliances, a built-in coffee machine and beverage fridge. A gas fireplace, integrated Sonos speakers and motorized blinds further enhance the living spaces. Heated bathroom floors, curbless showers and a sleek wall-mounted powder room toilet continue the home's thoughtful design. Behind the scenes, an advanced multi-zone HVAC system with a fully modulating furnace and multi-stage air conditioning provides efficient year-round comfort, while a dedicated boiler supplies in-floor heating to the basement, garage and outdoor living area. Cast-iron plumbing stacks and remotely located bathroom ventilation fans were incorporated to minimize household noise. Outdoor living includes an elevated glass enclosed rear patio with a built-in BBQ and dedicated exhaust, plus a private deck off the primary bedroom. The heated two-car garage is finished with a durable polyaspartic floor, waterproof wall panelling and linear drainage. Additional highlights include Marlboro hybrid windows, a German-made Unilux front door, irrigation system, alarm system and a recirculation line. The unfinished basement, complete with heated floors and a bathroom rough-in, offers excellent potential for future customization. A sophisticated custom home where exceptional design extends well beyond what meets the eye.

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

Closing Costs

Mortgage Amount
$1,719,920
Land Transfer Taxes$40,223
Legal Fees (Est.)
$
Total cash required for closing$471,703

Total Monthly Obligation

$9,912/mo
Mortgage $8,672
Monthly Loss $7,630
Principal$2,282
Interest$6,390
Property Tax$865
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
5.9%14
10-Year IRR
7.4%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$69,120/yr
NOI
$47,327/yr
Net Cash Flow
-$4,728/mo
Cash Margin
-82.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.9/ 100

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

Comparables

Properties near 2118 Westbourne Avenue

Time

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