38 Edgar Avenue, Toronto C09

$12,200,000
38 Edgar Avenue

$12,200,000

New
22d
Detached3-Storey

38 Edgar Avenue, Toronto C09

Total Monthly Obligation $53,262

Beds
8
Baths
7
Park
3
Sqft
5000 +
DOM
22d
Score
13
Yield
1.8%
Cash on Cash
-15.1%
Cap Rate
1.3%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Detached
MLS® Number-C13850836
Beds-8
Bathrooms-7
Size-5000 + sqft
Lot Size-66.42 × 240.1 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Detached
Taxes-$44,112.71 (2025)
Parking-5 - Detached
Basement-Apartment, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick
Roof-Slate
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rosedale-Moore Park
Title-Residential Freehold

No agent assigned

Thoughtfully rebuilt and beautifully layered, 38 Edgar Avenue brings together heritage architecture, contemporary design, and global influences in a distinctly Rosedale setting. A traditional centre hall plan introduces generous principal rooms, including a living room with wood-burning fireplace and an expansive formal dining room, while the rear of the home opens into a light-filled family room and kitchen overlooking the landscaped garden and deep blue concrete pool. The Scavolini kitchen features all-glass cabinetry, marble counters, maple millwork, and Gaggenau appliances, complemented by a separate catering kitchen. Throughout, refined details create a strong sense of character, from marble-trimmed doorways inspired by the Bulgari Hotel in Rome to microcement fireplaces, custom panelling, and a sculptural wood screen rising through the home. Upstairs, the primary suite feels like a private retreat with garden views, a walk-in closet, and spa-like ensuite, alongside two additional bedrooms with ensuites and a front study opening to a terrace. The third floor offers a charming "treehouse" bedroom, a flexible office or lounge, and second laundry. The lower level extends the living space with a large recreation room, music studio or bedroom, laundry and storage, plus a private two-bedroom caregiver or in-law suite with sitting room, full bath, and rough-in for a future kitchenette. Limestone landscaping connects the front and rear gardens to the detached two-car garage, with additional space beyond, prepared garden suite plans, and further future potential, subject to approvals. A warm, highly considered home where traditional craftsmanship and modern living come together with ease.

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

Closing Costs

Mortgage Amount
$9,760,000
Land Transfer Taxes$291,475
Legal Fees (Est.)
$
Total cash required for closing$2,732,975

Total Monthly Obligation

$53,262/mo
Mortgage $49,211
Monthly Loss $40,313
Principal$12,950
Interest$36,262
Property Tax$3,676
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-17.0%0
5-Year IRR
2.3%5
10-Year IRR
4.6%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$216,000/yr
NOI
$145,787/yr
Net Cash Flow
-$37,062/mo
Cash Margin
-205.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.252
LTV Ratio
80.0%18
Vacancy Buffer
0.2 mo10
Risk Index
9.8/ 100

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

Comparables

Properties near 38 Edgar Avenue

Time

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