1617 Islington Avenue, Toronto W08

$1,799,000
1617 Islington Avenue

$1,799,000

New
23d
Detached2-Storey

1617 Islington Avenue, Toronto W08

Total Monthly Obligation $8,262

Beds
5
Baths
3
Park
8
Sqft
2000-2500
DOM
23d
Score
19
Yield
4.7%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-W13845716
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-75 × 150 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,561.69 (2026)
Parking-8 - None
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Aluminum Siding, Stone
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Islington-City Centre West
Title-Residential Freehold

No agent assigned

Set well back from the street on a 75' x 150' lot, steps from St. George's Golf & Country Club, this two-storey Etobicoke home has been substantially reworked over the past decade. A new circular driveway gives the front real presence, with easy parking for eight cars. Inside, the kitchen is the biggest change. It was expanded into an oversized kitchen with 10- foot ceilings flowing into an open living area on a scale you rarely see in a home of this age. A glass sunroom off the back brings in light all day and opens directly onto the yard. Upstairs, the primary has a renovated ensuite and the kids' bathroom has been redone. TNewly built main floor powder room, and the finished basement works as a rec room, office, gym or guest space. The yard is the other half of the story. The 75-foot frontage and deep lot give you a private backyard with a poured-concrete basketball and pickleball court, and plenty of lawn left over. Mature trees, large lots and quick access to the Islington shops, Richview Library, solid public, Catholic and private schools, Pearson, the highways and downtown.

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

Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,262/mo
Mortgage $7,257
Monthly Loss $6,352
Principal$1,910
Interest$5,347
Property Tax$630
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.7%41
10-Year IRR
11.1%
Returns Index
21.5/ 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
$84,000/yr
NOI
$63,538/yr
Net Cash Flow
-$1,962/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
16.0/ 100

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

Comparables

Properties near 1617 Islington Avenue

Time

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