53 Savona Drive, Toronto W06

$1,198,000
53 Savona Drive

$1,198,000

New
17d
DetachedBungalow

53 Savona Drive, Toronto W06

Total Monthly Obligation $5,601

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
17d
Score
16
Yield
3.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-W13869962
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 124.33 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,726.64 (2026)
Parking-4 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP OLD MILL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Alderwood
Title-Residential Freehold

No agent assigned

Welcome to 53 Savona Drive! This inviting bungalow offers generous living spaces and a flexible layout. Originally a three-bedroom home, it has been converted to two bedrooms to create an exceptionally spacious primary bedroom with a walkout to the backyard deck, with the option to restore the original three-bedroom layout. The large, open kitchen offers plenty of room for cooking and gathering, while the cozy living and dining area features a gas fireplace for a warm, welcoming atmosphere. A finished lower level with a second kitchen provides additional living space and versatility. Outside, enjoy a beautiful backyard with a spacious deck and fire pit-perfect for summer entertaining or relaxing evenings outdoors. A private driveway completes this charming home.

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

Closing Costs

Mortgage Amount
$958,400
Land Transfer Taxes$20,435
Legal Fees (Est.)
$
Total cash required for closing$261,535

Total Monthly Obligation

$5,601/mo
Mortgage $4,832
Monthly Loss $4,330
Principal$1,272
Interest$3,561
Property Tax$394
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.7%17
10-Year IRR
8.0%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$42,600/yr
NOI
$29,113/yr
Net Cash Flow
-$2,406/mo
Cash Margin
-67.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.5/ 100

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

Comparables

Properties near 53 Savona Drive

Time

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