38 Carnival Court, Toronto C07

$899,000
38 Carnival Court

$899,000

New
9d
Detached2-Storey

38 Carnival Court, Toronto C07

Total Monthly Obligation $4,465

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
9d
Score
20
Yield
5.4%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-C14033098
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-30.61 × 80.38 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,563.01 (2026)
Parking-3 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Other
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Westminster-Branson
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 3-bed, 4-bath home that radiates pride of ownership. Set on a quiet court in desirable Westminster-Branson, this home blends everyday comfort with thoughtful updates, including full roof (2025).The main floor features a spacious living/dining area with large picture windows and a walkout from the living room to a private backyard for morning coffee, alfresco dinners, and effortless entertaining. Backed by mature trees for privacy, the eat-in kitchen delivers generous cabinetry, excellent prep space, and a practical, family-friendly layout. Upstairs, three well-proportioned bedrooms offer restful retreats. The primary suite features a private ensuite and excellent closet capacity, while the secondary bedrooms easily accommodate kids, guests, or home office needs. Neutral tones and durable finishes make it easy to move in and make it your own. The finished walkout basement extends your living space with flexible zones for a recreation/media room, play area, gym, studio, or guest space with direct access to the backyard for seamless indoor-outdoor living. Outside, enjoy low-maintenance grounds with room to garden, gather, or let kids and pets play. Parking is convenient, and the court setting keeps through-traffic to a minimum. Location, location: steps to TTC, everyday shopping, and restaurants; minutes to G. Ross Lord Park with miles of walking trails, sports fields, and year-round recreation. Quick access to Finch Subway, York University, Bathurst & Steeles amenities, community centres, and major routes simplifies commuting and daily errands.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,465/mo
Mortgage $3,626
Monthly Loss $3,511
Principal$954
Interest$2,672
Property Tax$464
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.3/ 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
$48,408/yr
NOI
$33,504/yr
Net Cash Flow
-$834/mo
Cash Margin
-20.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
21.5/ 100

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

Comparables

Properties near 38 Carnival Court

Time

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