408 St Clements Avenue, Toronto C04

$2,199,000
408 St Clements Avenue

$2,199,000

New
2d
Detached2-Storey

408 St Clements Avenue, Toronto C04

Total Monthly Obligation $10,225

Beds
5
Baths
5
Park
3
Sqft
1500-2000
DOM
2d
Score
16
Yield
3.8%
Cash on Cash
-7.1%
Cap Rate
3.0%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-C14103776
Beds-5
Bathrooms-5
Size-1500-2000 sqft
Lot Size-33.33 × 131.54 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$11,762.88 (2026)
Parking-3 - Detached
Basement-Finished
Heating-Water (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete, Stone
Sewer-Sewer
Possession-30 Days/Tba
Neighbourhood-Lawrence Park South
Title-Residential Freehold

No agent assigned

Perfectly situated, this classic Allenby home blends Tudor features with a modern aesthetic. It has spacious principal rooms, two fireplaces, a main-floor powder room, and a modern kitchen that opens onto a huge family room. This addition includes a breakfast area, a spacious living area with a skylight and a wall of arched windows leading out onto a deck, a heated Yoga studio, and a private Zen garden. The garden is low maintenance and enclosed by mature cedar trees, offering space for entertaining or enjoying peaceful surroundings any time of year. The second floor has a spacious master bedroom with an ensuite bathroom and walk-in closet, two additional bedrooms, a tandem playroom or office, and a second main bathroom with heated floors, an oversized tub, and a bay window. The professionally lowered basement has high ceilings and underground heating. It includes a lovely studio apartment with a Murphy bed, an additional guest bedroom and bathroom, a laundry and storage area, and an independent heating system. The entire house has upgraded electrical, plumbing, heating, and air conditioning. The interlocking driveway provides three-car parking. This perfect family home sits on a quiet,tree-lined street just steps from some of the city's best schools, parks, skating rinks, shops, restaurants, and offers convenient access to transit and the Eglinton Crosstown LRT.

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

Closing Costs

Mortgage Amount
$1,759,200
Land Transfer Taxes$41,450
Legal Fees (Est.)
$
Total cash required for closing$482,750

Total Monthly Obligation

$10,225/mo
Mortgage $8,870
Monthly Loss $7,891
Principal$2,334
Interest$6,536
Property Tax$980
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 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
$82,800/yr
NOI
$58,257/yr
Net Cash Flow
-$4,015/mo
Cash Margin
-58.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
13.4/ 100

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

Comparables

Properties near 408 St Clements Avenue

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