64 Cheritan Avenue, Toronto C04

$2,995,000
64 Cheritan Avenue

$2,995,000

New
18d
Detached2-Storey

64 Cheritan Avenue, Toronto C04

Total Monthly Obligation $13,699

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
18d
Score
13
Yield
2.1%
Cash on Cash
-14.4%
Cap Rate
1.5%
5Y IRR
4.4%
10Y IRR
6.0%
Property Type-Detached
MLS® Number-C13861884
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-38.27 × 125.59 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$14,916.52 (2026)
Parking-2 - Detached
Basement-Finished
Heating-Heat Pump (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-60 DAYS/TBA
Neighbourhood-Lawrence Park South
Title-Residential Freehold

No agent assigned

Welcome to 64 Cheritan Avenue! This special home sits mid-block on a premium low-traffic street and is a spectacular renovated four-bedroom home in the heart of Lytton Park! Open concept main floor. Nothing to do but move-in and enjoy! Gracious living room with gas fireplace, large new window with automated blinds, gourmet kitchen with high-end appliances and substantial island, a beautiful dining room overlooking the backyard and a main floor family room to relax in and enjoy! Main floor two-piece powder room. There are four bedrooms on the second floor and a full bathroom with heated floors fully renovated in 2012. The lowered basement boasts almost 8' ceiling height and features a generous recreation room with a full wall of custom built-ins, surround sound, a new bathroom with heated floors (2023) and separate laundry and utility rooms. It has been newly insulated and waterproofed on the north and east walls with an interior French drain system installed and a sump pump (2024). Outside in the rear yard, a full professional custom redesign of the space by Landscaping de Sol a Sol was completed in 2014. It is like being on vacation in your backyard! Custom Solda inground pool (new liner in 2024 and safety cover 2022), extensive custom stone gardens and walkways, a large deck for entertaining (2024 with storage under the rear steps), a cabana with changing area, mini fridge, pool equipment and a covered fire bowl area with a natural gas Solus fire pit (included). Both the front and rear have inground irrigation systems for easy maintenance. Who needs a cottage? This fabulous home is only steps from John Ross Robertson and close to some of Toronto's best private schools. Located close to the TTC, steps to Otter Creek skating rinks, ravine walking trails and the shops and restaurants on Yonge Street. This home is perfect for a most discerning buyer! See attachments for floor plans, a list of improvements and more information. Come and see it for yourself!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,396,000
Land Transfer Taxes$61,350
Legal Fees (Est.)
$
Total cash required for closing$661,850

Total Monthly Obligation

$13,699/mo
Mortgage $12,081
Monthly Loss $10,520
Principal$3,179
Interest$8,902
Property Tax$1,243
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-16.8%0
5-Year IRR
2.5%5
10-Year IRR
4.8%
Returns Index
3.9/ 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
$62,796/yr
NOI
$37,100/yr
Net Cash Flow
-$8,989/mo
Cash Margin
-171.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.3/ 100

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

Comparables

Properties near 64 Cheritan Avenue

Time

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