31 Thora Avenue, Toronto E06

$639,900
31 Thora Avenue

$639,900

New
21d
Semi-Detached Bungalow

31 Thora Avenue, Toronto E06

Total Monthly Obligation $3,235

Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
21d
Score
27
Yield
6.6%
Cash on Cash
4.8%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.8%
Property Type-Semi-Detached
MLS® Number-E13855862
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-24.83 × 98 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$3,341 (2025)
Parking-2 - Detached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30/60 TBD
Neighbourhood-Oakridge
Title-Residential Freehold

No agent assigned

STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity? This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner!Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at home. The separate, formal kitchen is a dream for those who love to cook (and a great place to close the door and hide the mess!). With tons of cupboard and counter space, there is plenty of room for family meals and entertaining friends. The main floor keeps getting better. One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.Need more room? You've got it! The basement offers excellent ceiling height and above-grade windows, making it incredibly versatile for guests, in-laws, family, a home office or additional living space. Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted use and requirements. Outside, you've got a mutual drive, parking and a sizeable garage - a rare and valuable bonus in the city.And then there's the location! You get the best of both worlds - tucked into a great neighbourhood while being just minutes from the funky shops, restaurants and cafés of Kingston Road/Upper Beach-with the Danforth right at the end of the street. TTC is close by, and a quick walk gets you to the GO Train, making commuting to the core a breeze. Add in great schools, parks, shopping, big-box stores and plenty of everyday conveniences, and you've got a home that checks a whole lot of boxes.Whether you're a first-time buyer, downsizer, investor or simply looking for a great place to call home, 31 Thora Avenue is one you don't want to miss!

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

Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,235/mo
Mortgage $2,581
Monthly Loss $2,555
Principal$679
Interest$1,902
Property Tax$278
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.7%6
5-Year IRR
15.1%72
10-Year IRR
14.6%
Returns Index
38.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$42,072/yr
NOI
$30,024/yr
Net Cash Flow
-$79/mo
Cash Margin
-2.3%3
Cash Flow Index
3.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9725
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
30.5/ 100

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

Comparables

Properties near 31 Thora 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.