1 Bernice Avenue, Toronto W07

$1,390,000
1 Bernice Avenue

$1,390,000

New
21d
Detached1 1/2 Storey

1 Bernice Avenue, Toronto W07

Total Monthly Obligation $6,556

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
15
Yield
3.2%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-W13853852
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35 × 103.5 ft
Listed on site-Oct 2, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$6,885 (2026)
Parking-3 - Attached
Basement-Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flex
Neighbourhood-Stonegate-Queensway
Title-Residential Freehold

No agent assigned

Welcome to 1 Bernice Avenue, a charming 1.5 storey home on a 35 x 103.5 lot on a lovely, tree-lined street in coveted Sunnylea. Offering timeless features and plenty of potential, this 3 bedroom, 2 bathroom home provides the flexibility to move-in and enjoy, thoughtfully update to suit or build your dream home in one of Etobicoke's most sought-after neighbourhoods. The main level includes a welcoming foyer, a grand living room with hardwood floors, crown moulding, a classic wood-burning fireplace and a large picture window overlooking the front yard creating an inviting space for everyday living and entertaining, a formal dining room with hardwood floors and crown moulding, an eat-in kitchen with space for casual family meals and excellent potential to update or reimagine, two generous bedrooms with hardwood floors and closets and an updated four piece main bath. The second level has a third bedroom which could also be a versatile den or office. Lower level with separate entrance features a massive rec room with dry bar, laundry room and loads of storage adding valuable additional living space and flexibility. Updates include new roof (2020) and new AC (2022). Outside, the private, fully-fenced south-facing backyard with a large deck and lawn enjoys excellent sunlight and offers plenty of room for gardening, entertaining and outdoor enjoyment. Single attached garage and private driveway provide parking for three cars. Wonderful Sunnylea location close to Park Lawn Park with tennis courts, playground, outdoor pool and skating rink, Humber River trails and surrounding parkland and Lake Ontario and waterfront trails. Minutes to shops, cafes and restaurants along Bloor Street and The Queensway, Royal York Subway Station and everyday conveniences. Easy access to the Gardiner. Great area schools include Park Lawn JMS, Etobicoke CI, St. Mark & Bishop Allen. An exceptional opportunity to bring your vision to a classic home on a family-friendly street in prime Sunnylea!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,112,000
Land Transfer Taxes$24,275
Legal Fees (Est.)
$
Total cash required for closing$303,775

Total Monthly Obligation

$6,556/mo
Mortgage $5,607
Monthly Loss $5,080
Principal$1,475
Interest$4,131
Property Tax$574
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.3/ 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
$44,196/yr
NOI
$28,391/yr
Net Cash Flow
-$3,241/mo
Cash Margin
-88.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.9/ 100

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

Comparables

Properties near 1 Bernice Avenue

Time

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Data last updated within the past 24 hours.