63 Westhead Road, Toronto W06

$1,049,000
63 Westhead Road

$1,049,000

New
7d
DetachedBungalow

63 Westhead Road, Toronto W06

Total Monthly Obligation $5,003

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
7d
Score
16
Yield
3.7%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-W14089030
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40.52 × 138.79 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,757.33 (2026)
Parking-5 - Detached
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-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD/ Flexible
Neighbourhood-Alderwood
Title-Residential Freehold

No agent assigned

Solid brick bungalow situated on a quiet, desirable street in Alderwood! Featuring an exceptionally large lot measuring approximately 40.52 x 138.79 x 40 x 140 ft, this property offers plenty of outdoor space and potential for a garden suite build. The detached double-car garage provides additional storage and the possibility for an in-law suite. Originally a 3-bedroom home, the main floor has been converted to a spacious 2-bedroom layout, featuring a generously sized eat-in kitchen. The nicely finished basement has good ceiling height and a large recreation room with a fireplace, an additional bedroom, and a 4-piece ensuite. Ideally located just steps from Etobicoke Valley Park and the Etobicoke Creek Trail, with shops, restaurants, and everyday amenities nearby. A fantastic opportunity in a sought-after Alderwood neighbourhood!

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

Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$5,003/mo
Mortgage $4,231
Monthly Loss $3,889
Principal$1,113
Interest$3,118
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.2/ 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
$39,000/yr
NOI
$25,843/yr
Net Cash Flow
-$2,078/mo
Cash Margin
-63.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.7/ 100

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

Comparables

Properties near 63 Westhead Road

Time

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