59 Cedar Drive, Toronto E08

$799,000
59 Cedar Drive

$799,000

New
17d
DetachedSidesplit 3

59 Cedar Drive, Toronto E08

Total Monthly Obligation $3,928

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
17d
Score
23
Yield
5.9%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-E13869594
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-52 × 144.44 ft
Listed on site-Oct 6, 2026
Style-Sidesplit 3
Building Type-Detached
Taxes-$3,959 (2025)
Parking-4 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PARKLAND LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Scarborough Village
Title-Residential Freehold

No agent assigned

Pride of Ownership! Spacious 3+1 Bedrooms Detached In Desirable Scarborough Village Situated on a Highly Desirable 52 x 144-Ft Lot! 1,246 Sq. Ft. -- **Bright & Spacious Living & Dining Room* Large Renovated Kitchen** -- Updated Bath w Jacuzzi Tub. 3 Spacious Bedrooms W Hardwood Floors, Ample Closet Space. Conveniently Located Near Schools, Parks, Shopping, Transit & Amenities.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,928/mo
Mortgage $3,223
Monthly Loss $3,080
Principal$848
Interest$2,375
Property Tax$330
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$46,752/yr
NOI
$33,618/yr
Net Cash Flow
-$421/mo
Cash Margin
-10.8%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
25.0/ 100

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

Comparables

Properties near 59 Cedar Drive

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.