3 Armstrong Avenue, Toronto W02

$2,200,000
3 Armstrong Avenue

$2,200,000

New
26d
Triplex3-Storey

3 Armstrong Avenue, Toronto W02

Total Monthly Obligation $10,020

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
26d
Score
14
Yield
2.3%
Cash on Cash
-13.4%
Cap Rate
1.7%
5Y IRR
5.2%
10Y IRR
6.6%
Property Type-Triplex
MLS® Number-W13841428
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 122.82 ft
Listed on site-Sep 27, 2026
Style-3-Storey
Building Type-Triplex
Taxes-$9,246.09 (2026)
Parking-2 - Carport
Basement-Separate Entrance, Apartment, Finished with Walk-Out
Heating-Radiant (Gas)
Brokerage-HOMELIFE/ROMANO REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Block
Sewer-Sewer
Possession-30 Days/TBA
Neighbourhood-Dovercourt-Wallace Emerson-Junction
Title-Residential Freehold

No agent assigned

This great triplex is a testament to a modern renovation and quality build. It offers an unparalleled living experience in the city. Each unit has been meticulously rebuilt using quality materials, ensuring durability & aesthetic appeal. The property is a perfect blend of luxury, comfort, and convenience, making it an ideal choice for families, professionals, or investors. The owner's suite, spans the second and third floors, is a sanctuary of elegance and comfort. It boasts a luxurious 5 pc bathroom & eat-in kitchen equipped with ample space for cooking & dining, with wainscotting that adds a touch of sophistication to the space. The massive third-floor loft is a standout feature, with its vaulted ceilings creating an airy and expansive atmosphere. This area seamlessly combines an open concept offering versatility for work, leisure and sleep. A private outdoor deck extends from the loft, providing a perfect spot to unwind & enjoy stunning sunset views of the iconic CN Tower.The main floor suite exudes warmth and coziness, with a gas fireplace & open-concept living and kitchen area is designed for modern living, with a large centre island that serves as both a functional workspace and a gathering spot for family and friends. The stylish lower level suite with separate entrance, heated floors & featuring 9-foot ceilings that give it a spacious and open feel, rare for a basement suite. The natural light flooding the space enhances its appeal, making it a bright and cheerful environment & the lower level is perfect for tenant, a home office, creative studio or in-law space. The property also includes a double carport, providing convenient parking for two vehicles or adding a laneway unit. The fenced yard comes with a private patio & fully landscaped & is located in a desirable neighbourhood. This property is within walking distance to the subway station, making commuting a breeze. It is also close to a variety of popular cafes, restaurants, and shops on Bloor Street.

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

Mortgage Amount
$1,760,000
Land Transfer Taxes$41,475
Legal Fees (Est.)
$
Total cash required for closing$482,975

Total Monthly Obligation

$10,020/mo
Mortgage $8,874
Monthly Loss $7,684
Principal$2,335
Interest$6,539
Property Tax$771
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.9%0
5-Year IRR
3.1%6
10-Year IRR
5.2%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$49,800/yr
NOI
$31,074/yr
Net Cash Flow
-$6,285/mo
Cash Margin
-151.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.3/ 100

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

Comparables

Properties near 3 Armstrong Avenue

Time

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