59 Redwater Drive, Toronto W10

$899,000
59 Redwater Drive

$899,000

Price Change
34d
DetachedBungalow-Raised

59 Redwater Drive, Toronto W10

Total Monthly Obligation $4,323

Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
34d
Score
19
Yield
4.8%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-W13806310
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 112 ft
Listed on site-Sep 19, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$3,859.57 (2026)
Parking-3 - Attached
Basement-Finished, Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rexdale-Kipling
Title-Residential Freehold

No agent assigned

Exceptional opportunity in prime Rexdale-Kipling with outstanding income potential! This detached raised bungalow sits on a premium 45 ft frontage by 112 ft depth lot, offering unmatched versatility for multi-generational families and savvy investors. It's designed to bring in a lot of natural light. The functional 3+2 bedroom layout features a common split-entry foyer with a private basement access, 2 full washrooms, shared laundry, and 2 full kitchens-including a bright main-floor kitchen with a large skylight flooding the space with natural light. Enjoy an expansive, custom full-width sunroom extending your living space, plus a bonus basement sauna. Park up to 6 vehicles with ease, thanks to the 1-car garage and extra long 5-car driveway. Unbeatable location: minutes away from Costco, Humber College, Pearson Airport, North GO, TTC, and Hwy 401/427!

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

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,323/mo
Mortgage $3,626
Monthly Loss $3,369
Principal$954
Interest$2,672
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,720/yr
NOI
$30,088/yr
Net Cash Flow
-$1,119/mo
Cash Margin
-31.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.9/ 100

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

Comparables

Properties near 59 Redwater 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.