39 Thurston Road, Toronto C10

$1,299,000
39 Thurston Road

$1,299,000

New
2d
Semi-Detached 2-Storey

39 Thurston Road, Toronto C10

Total Monthly Obligation $6,264

Beds
4
Baths
2
Park
1
Sqft
1100-1500
DOM
2d
Score
16
Yield
4.0%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Semi-Detached
MLS® Number-C14103640
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-24.92 × 125 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$7,788.2 (2026)
Parking-1 - None
Basement-Finished, Separate Entrance
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-60/90/TBD
Neighbourhood-Mount Pleasant East
Title-Residential Freehold

No agent assigned

Ready for space, charm, and an updated home all within the coveted Maurice Cody school catchment? Welcome to 39 Thurston Rd, a classic Toronto, red brick semi featuring 3+1 bedrooms, 2 bathrooms, and legal front pad parking! Located on a quiet street in the heart of Davisville Village, on a wide 24.5ft lot! Step into the open-concept living and dining room that sets the stage for easy entertaining, with beautiful hardwood floors, bright windows, and enchanting wood burning fireplace. The beautifully renovated kitchen (2023) is the heart of the home, featuring updated appliances including a double wall oven and induction cooktop, stone counters, and a convenient breakfast nook. A main floor family room offers the perfect spot to kick back and relax, with a walk-out to the lengthy backyard. The lush, private backyard framed by mature greenery offers a lovely escape from the city, with a deck made for summer lounging and outdoor entertaining, convenient shed, and ample greenspace. Upstairs, three generously sized bedrooms include a spacious primary with two double closets. The family bathroom offers ample storage, separate shower, and a re-enameled (2026) clawfoot tub adds a touch of timeless charm. The finished basement with separate entrance offers even more room to spread out, with a comfortable recreation room, additional bedroom, 3-piece bathroom, and large storage space. Enjoy peace of mind with extensive and practical updates, including basement waterproofing and insulation (2026), crawl space encapsulation (2020), lead water service pipe replacement (2020), backflow valve (2020), two sump pumps, updated dryer ventilation (2026), and new front porch stairs (2021). All of this in the sought-after Maurice Cody school district, just a short stroll to Bayview Avenue's fantastic shops, cafés, restaurants, and everyday essentials. A wonderful opportunity to put down roots in one of Midtown's most loved neighbourhoods!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,264/mo
Mortgage $5,240
Monthly Loss $4,885
Principal$1,379
Interest$3,861
Property Tax$649
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$51,384/yr
NOI
$33,957/yr
Net Cash Flow
-$2,410/mo
Cash Margin
-56.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
15.8/ 100

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

Comparables

Properties near 39 Thurston Road

Time

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