11 Larstone Avenue, Toronto W07

$1,399,000
11 Larstone Avenue

$1,399,000

New
9d
DetachedBungalow

11 Larstone Avenue, Toronto W07

Total Monthly Obligation $6,559

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
9d
Score
16
Yield
3.8%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-W14031040
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-45.06 × 112.66 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,493 (2025)
Parking-4 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/VISION REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stonegate-Queensway
Title-Residential Freehold

No agent assigned

Welcome to 11 Larstone Avenue, a well-maintained detached bungalow situated on a generous 45' x 112' lot in the sought-after Norseman Heights neighborhood. Pride of ownership is evident throughout this lovingly cared-for home, offering a solid foundation and wonderful opportunity to update and make it your own. The main floor features a bright and spacious living room with large windows, California shutters and an electric fireplace, opening to a separate dining area. A functional eat-in kitchen, 3 bedrooms and a 5-piece bathroom complete the main level. The finished basement, with its own separate entrance, offers excellent flexibility with a second full kitchen, generous family room with gas fireplace, recreation/dining area with wet bar, 3-piece bathroom, laundry room and cantina. Outside, the well- maintained lawn, mature landscaping, interlocking walkways and backyard patio reflect the care this property has received over the years. A private single-car garage and garden shed provide additional convenience and storage. Ideally located in an established, family-friendly neighborhood close to excellent schools, parks, Norseman Community School and Pool, shopping, restaurants and transit, with easy access to major highways, downtown Toronto and the airport. A comfortable home to enjoy today, with plenty of potential to personalize for the years ahead!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$6,559/mo
Mortgage $5,643
Monthly Loss $5,074
Principal$1,485
Interest$4,158
Property Tax$541
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 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
$53,760/yr
NOI
$37,391/yr
Net Cash Flow
-$2,527/mo
Cash Margin
-56.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.6/ 100

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

Comparables

Properties near 11 Larstone Avenue

Time

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