55 Picaro Drive, Toronto W05

$918,900
55 Picaro Drive

$918,900

New
25d
Semi-Detached Bungalow-Raised

55 Picaro Drive, Toronto W05

Total Monthly Obligation $4,376

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
18
Yield
4.3%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Semi-Detached
MLS® Number-W13833768
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 130 ft
Listed on site-Sep 28, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Taxes-$3,529.63 (2026)
Parking-3 - Built-In
Basement-Finished, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-REALTY EXECUTIVES PRIORITY ONE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-30days or TBA
Neighbourhood-Glenfield-Jane Heights
Title-Residential Freehold

No agent assigned

Welcome to 55 Picaro Drive, a beautifully maintained home in the sought-after Glenfield-Jane Heights community. This meticulously cared-for semi-detached bungalow is situated on a large 30 x 130 ft. lot, offering exceptional pride of ownership, comfort, and value throughout. The bright and spacious main floor features 3 spacious bedrooms and 1 - 4 pc bathroom, along with a large living and dining area, newly installed engineered hardwood flooring, new interior doors, fresh paint throughout, and an updated kitchen with ceramic flooring and backsplash.A separate entrance leads to the finished basement, providing excellent potential for multi-generational living, an in-law suite, or possible income potential. The lower level includes a second kitchen, a 3-piece bathroom, and a spacious open-concept recreation room with a cozy gas fireplace. The home has been impeccably maintained both inside and out and is truly move-in ready for its next owners.Conveniently located steps to the new Finch West LRT, and close to schools, parks, shopping, restaurants, hospitals, public transit, York University, and Highways 400 and 401, this property offers unmatched everyday convenience in a highly connected neighbourhood. A turnkey opportunity offering comfort, location, and income potential. A must-see!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$735,120
Land Transfer Taxes$14,853
Legal Fees (Est.)
$
Total cash required for closing$200,133

Total Monthly Obligation

$4,376/mo
Mortgage $3,707
Monthly Loss $3,400
Principal$975
Interest$2,731
Property Tax$294
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.5%
Returns Index
14.7/ 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
$39,120/yr
NOI
$27,178/yr
Net Cash Flow
-$1,442/mo
Cash Margin
-44.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.0/ 100

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

Comparables

Properties near 55 Picaro Drive

Time

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