389 Glenlake Avenue, Toronto W02

$1,425,000
389 Glenlake Avenue

$1,425,000

Price Change
25d
Detached2-Storey

389 Glenlake Avenue, Toronto W02

Total Monthly Obligation $6,776

Beds
4
Baths
2
Park
1
Sqft
1500-2000
DOM
25d
Score
15
Yield
3.1%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-W13836334
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-39.39 × 78.45 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,834.24 (2026)
Parking-1 - None
Basement-Separate Entrance
Heating-Radiant (Gas)
Brokerage-BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBD
Neighbourhood-High Park North
Title-Residential Freehold

No agent assigned

A wonderful High Park family home with space to grow, a sunny south-facing backyard and one of West Toronto's most coveted locations. Set on a quiet, tree-lined street, this charming 4-bedroom home offers 1,520 sq. ft. above grade, bright and beautifully proportioned rooms, and the kind of warmth and flexibility that makes a house feel like home. A charming covered front porch welcomes you in, while the main floor features a spacious living room with fireplace, generous dining room, bright kitchen and adjoining breakfast room. Walk-outs from both the kitchen and dining room lead to a large south-facing deck, creating an inviting setting for sunny days and summer evenings. Upstairs, four spacious bedrooms offer plenty of room for family, guests or a home office, along with a 4-piece family bathroom. The lower level adds wonderful flexibility with a separate side entrance, laundry room, 2-piece bathroom, cozy recreation room and home office with walk-up access to the backyard.Outside, enjoy a gated backyard with lane access and private parking, along with a south-facing garden and deck perfect for outdoor living. Just steps from High Park and the subway, with the shops, cafés and restaurants of the Junction and Bloor West Village close by. Families will appreciate the highly-rated Runnymede Public School and Humberside Collegiate catchments.A special High Park setting, generous space and plenty of room to make it your own - now officially on the market!

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

Closing Costs

Mortgage Amount
$1,140,000
Land Transfer Taxes$24,975
Legal Fees (Est.)
$
Total cash required for closing$311,475

Total Monthly Obligation

$6,776/mo
Mortgage $5,748
Monthly Loss $5,263
Principal$1,513
Interest$4,235
Property Tax$653
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.6%0
5-Year IRR
4.9%11
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$43,944/yr
NOI
$27,215/yr
Net Cash Flow
-$3,480/mo
Cash Margin
-95.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.6/ 100

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

Comparables

Properties near 389 Glenlake Avenue

Time

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