29 Megan Avenue, Toronto E10

$899,000
29 Megan Avenue

$899,000

New
23d
Detached1 1/2 Storey

29 Megan Avenue, Toronto E10

Total Monthly Obligation $4,356

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
23d
Score
20
Yield
5.0%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-E13846164
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 200 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,260 (2026)
Parking-5 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/FUTURE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-TBA
Neighbourhood-West Hill
Title-Residential Freehold

No agent assigned

Welcome To This Amazing 3 Bedroom Home In The Heart Of West Hill, Situated On A Premium 50 X 200 Ft Lot! Rarely Offered! This Bright And Spacious Home Features A Large Picture Window, Generous Living And Dining Areas, And A Bright Oak Eat-In Kitchen Complete With Quartz Countertops And Stainless Steel Appliances. Three Good-Sized Bedrooms Provide Comfortable Living Space For The Whole Family. The Basement Offers A Separate Entrance And Excellent Potential To Create Additional Living Space Or A Basement Suite. There Is Also Potential For A Nanny Suite Subject To The Necessary Approvals. Build, Renovate, Or Enjoy As Is An Exceptional Opportunity In A Prime West Hill Location! Conveniently Located Close To The GO Station, TTC, Highway 401, Parks, Community Centre, Library, Shopping, Schools, And The Waterfront Trail. Just 2.3 Km From The University Of Toronto Scarborough.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,356/mo
Mortgage $3,626
Monthly Loss $3,402
Principal$954
Interest$2,672
Property Tax$355
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$44,700/yr
NOI
$31,470/yr
Net Cash Flow
-$1,004/mo
Cash Margin
-26.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.2/ 100

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

Comparables

Properties near 29 Megan 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.