89 Wendell Avenue, Toronto W04

$949,000
89 Wendell Avenue

$949,000

New
36d
DetachedBungalow

89 Wendell Avenue, Toronto W04

Total Monthly Obligation $4,572

Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
36d
Score
20
Yield
5.0%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-W13803384
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-47.25 × 125 ft
Listed on site-Sep 17, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,430 (2026)
Parking-7 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-30-90 days
Neighbourhood-Humberlea-Pelmo Park W4
Title-Residential Freehold

No agent assigned

Lovingly maintained by the same owners for 57 years, this well-maintained brick bungalow is situated on a generous 47' x 125' fenced lot in a highly sought-after neighborhood. Offering exceptional curb appeal and a functional layout, this home is ideal for families, downsizers, or investors alike. The bright main floor features a spacious living area, hardwood floors, and a kitchen complete with stainless steel appliances. A separate side entrance offers excellent potential for a future in-law suite or basement apartment. The basement boasts a huge recreation room with a fireplace, above-grade windows that fill the space with natural light, and a 3-piece bathroom, providing excellent additional living space and future possibilities. Step outside to enjoy the large fenced backyard, perfect for children, pets, gardening, or entertaining family and friends. An attached single-car garage and an oversized six-car driveway provide plenty of parking for family and guests. Ideally located in a highly desirable neighborhood close to schools, parks, shopping, transit, and everyday amenities, this is a rare opportunity to own a lovingly cared-for home that has been cherished for nearly six decades.

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

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,572/mo
Mortgage $3,828
Monthly Loss $3,565
Principal$1,007
Interest$2,821
Property Tax$369
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%42
10-Year IRR
11.3%
Returns Index
22.3/ 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
$47,700/yr
NOI
$34,000/yr
Net Cash Flow
-$995/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
20.8/ 100

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

Comparables

Properties near 89 Wendell Avenue

Time

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