10 Queens Avenue, Toronto W06

$1,549,000
10 Queens Avenue

$1,549,000

New
3d
Detached2-Storey

10 Queens Avenue, Toronto W06

Total Monthly Obligation $7,103

Beds
4
Baths
2
Park
3
Sqft
1500-2000
DOM
3d
Score
17
Yield
4.2%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-W14097774
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 133 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,754.83 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Radiant (Gas)
Brokerage-SUTTON GROUP OLD MILL REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Mimico
Title-Residential Freehold

No agent assigned

Architecturally striking Georgian beauty situated on a rare 50 ft lot, steps from the lake. An expansive front lawn set well back from the street, and fully fenced, offers lots of privacy, 3 car driveway plus attached garage. This home, with its 1943 character preserved and modern living accomodated, provides treed views from virtually every window. Live comfortably or add a two storey back addition with extra garage space and pool while still having lots of backyard space to play! While most of the homes in Olde Mimico and surrounds have had their 50 foot lot split, this one remains intact and is uniquely liveable even if you don't plan future projects, but if you do, it has unlimited future potential. Step inside and see how this home has been lovingly preserved and updated over the years, with beautiful white oak engineered flooring on the main and upper floors, original doors, arch passageways, ceiling medallion, covered rads. Welcoming foyer opens to an expansive living room with modern fireplace surround and formal dining room. Kitchen with custom wood cabinets and stainless appliances; plus dedicated breakfast sunroom overlooking the backyard. Enjoy your morning coffee while watching the kids play on the oversized deck, just made for al fresco dining and entertaining. Upstairs, spacious primary bedroom with his and hers closets and large picture windows, plus two and a half secondary bedrooms and a five piece family sized bath with makeup vanity. Fully finished bright and airy basement with high ceilings and pot lights throughout, office area, exercise room and side door entry if you want to easily convert to rental. All this in a family friendly neighbourhood with quick access to the 427, Gardiner and GO station, convenient shopping nearby including Sherway, Mimico village, San Remo and local restaurants, not to mention all that lakeside living has to offer, with its trails, beaches and amazing city views.

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

Closing Costs

Mortgage Amount
$1,239,200
Land Transfer Taxes$27,455
Legal Fees (Est.)
$
Total cash required for closing$338,755

Total Monthly Obligation

$7,103/mo
Mortgage $6,248
Monthly Loss $5,459
Principal$1,644
Interest$4,604
Property Tax$480
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
9.9%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$65,280/yr
NOI
$48,497/yr
Net Cash Flow
-$2,207/mo
Cash Margin
-40.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
15.9/ 100

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

Comparables

Properties near 10 Queens Avenue

Time

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