285 Columbus Avenue, Overbrook - Castleheights and Area

$799,000
285 Columbus Avenue

$799,000

New
11d
DetachedBungalow

285 Columbus Avenue, Overbrook - Castleheights and Area

Total Monthly Obligation $4,122

Beds
5
Baths
3
Park
6
Sqft
1100-1500
DOM
11d
Score
20
Yield
5.4%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X14032648
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 116 ft
Listed on site-Oct 12, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,294.6 (2026)
Parking-6 - None
Basement-Full, Finished
Heating-Baseboard (Wood)
Brokerage-DETAILS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-3502 - Overbrook/Castle Heights
Title-Residential Freehold

No agent assigned

Great Opportunity! Exceptionally well-maintained raised bungalow with a self-contained lower-level suite, ideally situated on a quiet, tree-lined street in Overbrook with ample parking space.Extensive 2026 Upgrades Include: Brand-new vinyl flooring on the main level, fresh paint throughout the entire home, and a newly renovated modern bathroom!Key Property Features: Two Independent Living Units: Each floor features its own full kitchen, separate hydro meter, and two dedicated entrances/exits. Main Floor (1110 sq ft): Features 3 spacious bedrooms, a full kitchen, an open-concept living and dining area with large sunny windows, brand-new vinyl flooring, and tile. Lower Level (720 sq ft): Features 2 bedrooms, a full kitchen, an updated bath, and large windows that fill the space with abundant natural light, complemented by hardwood and tile throughout. Shared Laundry Room. Major Components: Furnace (2016), A/C (2016), Front steps & railing (2020), and Foundation waterproofing (2020).Located in a transit-friendly pocket close to amenities. Turn-key option for investors or owner-occupants. Some photos have been virtually staged.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,122/mo
Mortgage $3,223
Monthly Loss $3,274
Principal$848
Interest$2,375
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%41
10-Year IRR
11.2%
Returns Index
21.4/ 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
$43,116/yr
NOI
$28,010/yr
Net Cash Flow
-$889/mo
Cash Margin
-24.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
22.0/ 100

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

Comparables

Properties near 285 Columbus Avenue

Time

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