261 Mckee Avenue, Toronto C14

$1,990,000
261 Mckee Avenue

$1,990,000

New
4d
Detached2-Storey

261 Mckee Avenue, Toronto C14

Total Monthly Obligation $9,729

Beds
9
Baths
7
Park
4
Sqft
3500-5000
DOM
4d
Yield
3.9%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-C14093966
Beds-9
Bathrooms-7
Size-3500-5000 sqft
Lot Size-52.39 × 146.43 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$15,918.78 (2026)
Parking-6 - Attached
Basement-Finished, Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Willowdale East
Title-Residential Freehold

No agent assigned

Bright & Spacious Custom-Built Home Offering Approx. 4,200 Sq. Ft. Of Living Space On An Impressive 52.39' x 146.43' Lot* No Rear Neighbours, Offering Open Views & Added Privacy*9 ' Ceiling On Ground Level* Prime Location Close To Top-Ranked Schls, Community Centre & All Amenities*Featuring Elegant Crystal Chandeliers, 2 Skylights & A Spacious, Functional Layout** The Property Currently Offers 4 Separate Living Units, Ideal For Large Or Multi-Generational Families, Or Buyers Seeking Additional Rental Income! 3 Additional Separate Units With Potential Rental Income Exceeding $5,000/Month! Unit #1 Ground Flr Studio Apartment, W/ 3Pc Washroom & Sliding Door Walkout To Backyard (Original Partial Fam Rm) ; Unit #3 Ground Flr 1-Bdrm Apartment W/ 3Pc Washroom & Separate Laundry ; Unit #2 Spacious Bsmt 3-Bdrm Apartment W/ Large Kitchen, Private Laundry & 4Pc Wshrm. **.Recent Updates: Furnace (2023), A/C (2015), Roof (2013), Plus 2 Owned Hot Water Tanks. Redone Some Area Painting & Flooring *RARE OPPORTUNITY! Enjoy The Comfort Of A Luxury Home In A Prestigious Neighbourhood, Access To Excellent Schools, And The Added Benefit Of Substantial Rental Income Potential! PRICE JUST FOR QUICK SALE! OUTSTANDING VALUE FOR A CUSTOM-BUILT HOME OF THIS SIZE ON A PREMIUM 52' x 146' LOT IN WILLOWDALE!

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Closing Costs

Mortgage Amount
$1,592,000
Land Transfer Taxes$36,275
Legal Fees (Est.)
$
Total cash required for closing$435,775

Total Monthly Obligation

$9,729/mo
Mortgage $8,027
Monthly Loss $7,616
Principal$2,112
Interest$5,915
Property Tax$1,327
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 261 Mckee 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.

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Data last updated within the past 24 hours.