447 Simpson Road, Alta Vista and Area

$1,980,000
447 Simpson Road

$1,980,000

New
25d
DetachedBungalow

447 Simpson Road, Alta Vista and Area

Total Monthly Obligation $9,366

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
25d
Score
14
Yield
2.6%
Cash on Cash
-12.8%
Cap Rate
1.8%
5Y IRR
5.6%
10Y IRR
6.9%
Property Type-Detached
MLS® Number-X13835046
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-90 × 113.5 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$12,047 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3606 - Alta Vista/Faircrest Heights
Title-Residential Freehold

No agent assigned

Welcome to 447 Simpson Road, a sprawling bungalow over 4,000 sqft living space on a premier 90' x 113.5' lot in prestigious Faircrest Heights, where original mid-century character meets thoughtful modern updates. Impressive curb appeal welcomes you with a curved driveway offering ample parking, a stone ramp for easy accessibility, and mature gardens, while a wide, light-filled foyer with original slate flooring sets the tone for the exceptional flow throughout. Every space in this home is generously proportioned, from the large living room, framed by a picture window overlooking the changing seasons and anchored by a striking original stone fireplace with a custom-built mantle, to the big dining room and spacious family room at the rear. The custom-designed chef's kitchen boasts luxury stone countertops, double wall ovens, a gas cooktop with down-draft vent, and abundant storage, with both the kitchen and family room opening onto the covered deck and backyard - perfect for effortless indoor-outdoor living and entertaining. The main level offers 4 generously sized bedrooms and the convenience of main-floor laundry, including a huge primary retreat with a walk-in closet and renovated ensuite featuring heated floors and a walk-in shower, while the main bathroom is equally elevated with a jet bath. The finished lower level expands your living area with an open recreation layout, a handcrafted wet bar, a brick fireplace with custom mantels, extensive storage, plus a versatile room & 2-piece bath - ideal for guests or extended family. Outside, enjoy a stone patio surrounded by mature gardens in a quiet, wide-street neighbourhood with an active community association - walking distance to hospital, cross-country ski trails, a toboggan hill, bike lanes, schools, and churches, and just minutes to Elmvale Acres Shopping Centre. Homes on this sought-after street rarely come to market - this exceptional, move-in-ready bungalow is a rare opportunity not to be missed.

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

Closing Costs

Mortgage Amount
$1,584,000
Land Transfer Taxes$36,075
Legal Fees (Est.)
$
Total cash required for closing$433,575

Total Monthly Obligation

$9,366/mo
Mortgage $7,987
Monthly Loss $7,264
Principal$2,102
Interest$5,885
Property Tax$1,004
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.5%0
5-Year IRR
3.4%7
10-Year IRR
5.5%
Returns Index
4.8/ 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
$51,432/yr
NOI
$29,742/yr
Net Cash Flow
-$5,508/mo
Cash Margin
-128.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.6/ 100

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

Comparables

Properties near 447 Simpson 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.