245 Florence Avenue, Toronto C07

$2,099,000
245 Florence Avenue

$2,099,000

New
8d
Detached2-Storey

245 Florence Avenue, Toronto C07

Total Monthly Obligation $9,741

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
8d
Score
15
Yield
3.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-C14080424
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-25 × 129 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,796.07 (2026)
Parking-3 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90
Neighbourhood-Lansing-Westgate
Title-Residential Freehold

No agent assigned

Step into this bright, sun-filled home where luxury meets everyday comfort. The impressive mainfloor features soaring 10-foot ceilings, elegant herringbone hardwood flooring, and beautifully crafted coffered ceilings in the formal living and dining rooms, creating a sophisticated andinviting atmosphere.The spacious family-sized eat-in kitchen is designed for entertaining and everyday living,offering a large centre island, two sinks, stainless steel appliances, and an open-concept layout overlooking the family room.Walk out to your own private backyard oasis featuring a spacious deck perfect for relaxing or hosting family and friends.This exceptional home offers 4 generously sized bedrooms and 4 bathrooms. A separate entranceto the basement provides excellent potential for an in-law suite or future income opportunity.Completing the home is a heated, finished garage with direct access to the mudroom for added convenience.

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

Closing Costs

Mortgage Amount
$1,679,200
Land Transfer Taxes$38,950
Legal Fees (Est.)
$
Total cash required for closing$460,250

Total Monthly Obligation

$9,741/mo
Mortgage $8,467
Monthly Loss $7,513
Principal$2,228
Interest$6,239
Property Tax$900
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$75,972/yr
NOI
$53,079/yr
Net Cash Flow
-$4,044/mo
Cash Margin
-63.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.4/ 100

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

Comparables

Properties near 245 Florence Avenue

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.