39 Checkendon Drive, Toronto W10

$948,000
39 Checkendon Drive

$948,000

New
42d
DetachedBungalow-Raised

39 Checkendon Drive, Toronto W10

Total Monthly Obligation $4,529

Beds
5
Baths
2
Park
6
Sqft
1100-1500
DOM
42d
Score
18
Yield
4.5%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-W13775408
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-45 × 119.97 ft
Listed on site-Sep 11, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,966 (2026)
Parking-7 - Attached
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EMPOWERED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Rexdale-Kipling
Title-Residential Freehold

No agent assigned

3-Bedroom Raised Bungalow with Spacious 2-Bedroom Lower Level & Excellent Income Potential! Welcome to this lovingly maintained home on a quiet, family-friendly street in an established Etobicoke neighbourhood. Bright, clean and move-in ready, this home offers comfortable living with exceptional flexibility for families, extended family or buyers seeking future income potential. The main floor features a bright open-concept living and dining area with large windows, an updated kitchen, 3 spacious bedrooms and a well-appointed 4-piece bathroom. The lower level is a standout feature! Bright, clean and versatile, it offers a separate kitchen, 2 bedrooms, large recreation room and 3-piece bathroom, plus additional space that could potentially serve as a 3rd bedroom. Ideal for extended family, an in-law setup, guests or potential rental accommodation. The lower level is currently accessed from inside the home, with the potential to create a separate entrance by adding two interior doors. Enjoy the spacious, fully fenced backyard surrounded by mature trees and greenery-perfect for children, pets, gardening and entertaining. Private driveway accommodates up to 6 vehicles. Important updates include central A/C (2024), owned hot water tank and newer appliances .Excellent location close to Etobicoke Humber Park, Humber River trails, Rivercrest Junior School, transit, shopping and everyday amenities, with easy access to Highways 401 & 427 and Kipling GO Station. A home offering space, flexibility and a great income potential!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$758,400
Land Transfer Taxes$15,435
Legal Fees (Est.)
$
Total cash required for closing$206,535

Total Monthly Obligation

$4,529/mo
Mortgage $3,824
Monthly Loss $3,523
Principal$1,006
Interest$2,818
Property Tax$331
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,600/yr
NOI
$29,874/yr
Net Cash Flow
-$1,334/mo
Cash Margin
-37.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.9/ 100

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

Comparables

Properties near 39 Checkendon Drive

Time

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