353 Winston Avenue, Carlingwood - Westboro and Area

$2,195,000
353 Winston Avenue

$2,195,000

New
35d
Detached2-Storey

353 Winston Avenue, Carlingwood - Westboro and Area

Total Monthly Obligation $10,232

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
35d
Score
14
Yield
2.6%
Cash on Cash
-12.4%
Cap Rate
1.9%
5Y IRR
5.9%
10Y IRR
7.1%
Property Type-Detached
MLS® Number-X13805438
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-33.01 × 132 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$12,038 (2025)
Parking-4 - Detached
Basement-Finished, Full
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air, Other
Laundry-No
Fireplace-Other
Pool-None
Facing-East
Exterior-Brick, Metal/Steel Siding
Roof-Membrane
Foundation-Poured Concrete
Sewer-Sewer
Possession-To Be Arranged
Neighbourhood-5102 - Westboro West
Title-Residential Freehold

No agent assigned

YOU MUST SEE THIS VERY SPECIAL PROPERTY! IT WAS BUILT FOR THOSE WHO UNDERTANDS DESIGN, UNIQUENESS AND QUALITY - PERFECT FOR THE DISCERNING BUYER! Designed by well known Architect BARRY HOBIN, this home won the GOHBA Award in 2019 in the Custom Urban Home (less than 3,000 sq ft), The Uniqueness of Design and the Quality of Materials used make this home really stand out. Using commercial construction techniques, the home was built maximizing the size and location of windows and the type of glass used. All bedroom windows start from the floor up. To summarize some of the many other features, the bathroom floors and basement floors are heated with the same type of system that the laneway uses from front to back/ There are 3 separate patios - front, rear and a roof deck. The custom designed kitchen has a marble countertop and an abundance of cabinetry and built in appliances which have been finished to closely match the countertops. The large living room overlooks the rear patio and has an eco-friendly ethanol fireplace. The rear yard area has brick and asphalt surface and provides lots of extra space leading to the double car, insulated garage with room for a 3rd small car but now has been finished with a well provisioned work shop. The garage has its own 100 AMP service. In terms of many more features, it has been set up for any power emergencies with a 16 KW Generac generator with an Auto Transfer system. Capped off with a TREX roof deck it provides the perfect spot to watch the sun set, THIS HOME IS A MUST SEE!

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

Closing Costs

Mortgage Amount
$1,756,000
Land Transfer Taxes$41,350
Legal Fees (Est.)
$
Total cash required for closing$481,850

Total Monthly Obligation

$10,232/mo
Mortgage $8,854
Monthly Loss $7,902
Principal$2,330
Interest$6,524
Property Tax$1,003
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
3.7%8
10-Year IRR
5.8%
Returns Index
5.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$57,300/yr
NOI
$35,032/yr
Net Cash Flow
-$5,935/mo
Cash Margin
-124.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo16
Risk Index
12.3/ 100

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

Comparables

Properties near 353 Winston Avenue

Time

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