23 WEST DEANE PARK Drive 2, Toronto W08

$899,000
23 WEST DEANE PARK Drive 2

$899,000

Price Change
20d
Condo Townhouse3-Storey

23 WEST DEANE PARK Drive 2, Toronto W08

Total Monthly Obligation $4,326

Bed+Den
4+1
Baths
3
Park
1
Sqft
1600-1799
DOM
20d
Score
20
Yield
5.0%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-W13858002
Bed+Den-4+1
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 3, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$4,043.72 (2026)
Maintenance-$163.13/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-TBA/Flex
Neighbourhood-Eringate-Centennial-West Deane
Title-Residential Condo & Other

No agent assigned

Welcome to Unit #2 at 23 West Deane Park Drive - a beautifully updated, carpet-free 3-bedroom, 3-bathroom townhouse in the sought-after West Deane Park community!Surrounded by mature trees, parks and the scenic Mimico Creek ravine, this quiet, family-friendly neighbourhood offers an exceptional balance of nature, privacy and everyday convenience.This bright and thoughtfully updated home offers a carpet-free living experience, with beautiful hardwood flooring throughout the second floor and a wooden staircase. The recently updated kitchen with quartz counter top and backsplash features high-end appliances and offers a modern, functional space for everyday living and entertaining.The spacious primary bedroom is a private retreat, complete with a walk-in closet and a recently renovated luxury ensuite bathroom featuring a freestanding bathtub, glass shower enclosure, generous vanity and storage, plus a modern LED mirror.A particularly valuable feature is the main-floor office, providing a dedicated and private workspace - ideal for professionals, accountants or those working from home - while keeping work comfortably separated from the main family living areas. A convenient powder room completes the main floor.Major updates include windows (2025), furnace (2024) and A/C (2023), offering peace of mind for the new owners. With its stylish updates, practical layout and move-in-ready condition, this home is truly ready for you to move in and enjoy!Located close to Princess Margaret Junior School, John G. Althouse Middle School, Martingrove Collegiate Institute and Josyf Cardinal Slipyj Catholic School, as well as shopping, restaurants, TTC, Hwy 401, Hwy 427 and Pearson International Airport.A wonderful opportunity to own an updated home in one of Etobicoke's desirable family-friendly communities - surrounded by nature, yet close to everything you need.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,326/mo
Mortgage $3,626
Monthly Loss $3,372
Principal$954
Interest$2,672
Property Tax$337
Condo Fees$163
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.0%43
10-Year IRR
11.3%
Returns Index
22.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$45,300/yr
NOI
$32,369/yr
Net Cash Flow
-$929/mo
Cash Margin
-24.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.6/ 100

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

Comparables

Properties near 23 WEST DEANE PARK Drive 2

Time

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Data last updated within the past 24 hours.