87 Rhodes Avenue, Toronto E01

$1,579,000
87 Rhodes Avenue

$1,579,000

New
8d
Detached1 1/2 Storey

87 Rhodes Avenue, Toronto E01

Total Monthly Obligation $7,271

Beds
5
Baths
3
Park
2
Sqft
1100-1500
DOM
8d
Score
14
Yield
2.7%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-E14084008
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-32 × 110 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$6,322.64 (2026)
Parking-2 - None
Basement-Separate Entrance, Finished
Heating-Water (Gas)
Brokerage-RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Greenwood-Coxwell
Title-Residential Freehold

No agent assigned

One property, multiple possibilities...welcome to 87 Rhodes Avenue, a fully renovated detached home with exceptional versatility and income potential. The main and upper levels offer 3 bedrooms and 2 full bathrooms. A bright 2-bedroom lower-level suite has its own kitchen, full bathroom, laundry, two walkouts and separate hydro meter, offering income potential, space for a growing family or multi-generational living. High ceilings, large windows, pot lights and updated flooring throughout. Two decks, including an upper deck for watching stars and fireworks, overlook a deep 32 x 110 ft. lot with private parking for two via mutual drive and potential for a ~1,300 sq. ft. garden suite. Updates include an owned combi boiler with tankless hot water (2025), waterproofing with a 20-year transferable warranty and a fully fenced yard (2024). Rhodes is a close-knit street where Halloween on front porches is a tradition. Walk to Lake Inez, Godspeed and Left Field, parks, the beach, shops and transit, with a quick route downtown. Explore Leslieville, The Beaches and Ashbridges Bay.

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

Closing Costs

Mortgage Amount
$1,263,200
Land Transfer Taxes$28,055
Legal Fees (Est.)
$
Total cash required for closing$345,355

Total Monthly Obligation

$7,271/mo
Mortgage $6,369
Monthly Loss $5,595
Principal$1,676
Interest$4,693
Property Tax$527
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.1%9
10-Year IRR
6.0%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$42,000/yr
NOI
$26,977/yr
Net Cash Flow
-$4,121/mo
Cash Margin
-117.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 87 Rhodes 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.