151 Palm Drive, Toronto C06

$1,628,000
151 Palm Drive

$1,628,000

New
3d
DetachedBungalow

151 Palm Drive, Toronto C06

Total Monthly Obligation $7,615

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
3d
Score
14
Yield
2.9%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-C14103512
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-57 × 105 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,072.11 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Clanton Park
Title-Residential Freehold

No agent assigned

Stunning curb appeal meets tranquility in this tastefully updated 3+1 bedroom 3-bathroom detached bungalow in the heart of Clanton Park on the quiet end of Palm Drive. Situated on an impressive 57' x 105' lot with a double car garage, the property welcomes you with a professionally landscaped front yard and a very private entrance beautifully lined with lush evergreens and perennials. Flooded with natural light through large windows, the very bright interior boasts nearly 3,000 sq ft of total finished living space. The heart of the home is an oversized chef's kitchen with a massive center island. The primary bedroom offers his/hers closets and a sleek ensuite bathroom with a glass shower & dedicated makeup counter. The completely finished lower level features a separate entrance, a 4th bedroom, family room, (currently used as a bedroom) recreation room, and a modern 3pc bath. This highly versatile space can easily be converted into a self-contained suite for extended family, multi-generational living or rental potential/nanny suite. Step outside to your own private oasis. The professionally landscaped backyard is designed to be entirely private & maintenance-free. Relax under the custom pergola on the stone patio while listening to the soothing sounds of cascading waterfall - a perfect backdrop for morning coffee or evening entertaining. Unbeatable location - just minutes to Wilson & Downsview Subway, Yorkdale Mall, Allen Rd, Hwy 401, parks, and schools.

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

Closing Costs

Mortgage Amount
$1,302,400
Land Transfer Taxes$29,035
Legal Fees (Est.)
$
Total cash required for closing$356,135

Total Monthly Obligation

$7,615/mo
Mortgage $6,567
Monthly Loss $5,887
Principal$1,728
Interest$4,839
Property Tax$673
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.8%10
10-Year IRR
6.5%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$48,000/yr
NOI
$30,628/yr
Net Cash Flow
-$4,015/mo
Cash Margin
-100.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
13.8/ 100

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

Comparables

Properties near 151 Palm Drive

Time

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