5 Laxis Avenue, Toronto W04

$719,900
5 Laxis Avenue

$719,900

New
2d
DetachedBungalow

5 Laxis Avenue, Toronto W04

Total Monthly Obligation $3,528

Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
2d
Score
20
Yield
4.9%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-W14101278
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-49.83 × 75 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,984.84 (2026)
Parking-3 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Mount Dennis
Title-Residential Freehold

No agent assigned

Turn-key and full of potential, this bright, move-in-ready home sits on a rare wide-frontage lot tucked away on a quiet street in one of Toronto's most connected and up-and-coming neighbourhoods. The open-concept main floor offers spacious living spaces, updated vinyl flooring, a fireplace, and a kitchen with a walkout to the backyard. Newer major mechanical upgrades provide peace of mind, while the large full-sized basement with a separate walk-up entrance and kitchen rough-in opens the door to potential rental income or multi-generational living. An expansive private driveway accommodates ample parking. Ideally situated within walking distance to the Mount Dennis LRT and GO/UP Express stations, offering exceptional transit connectivity with multiple TTC bus routes nearby. This prime location is just minutes from parks, schools, shopping, and a wide range of amenities, making it an ideal choice for both families and commuters. Preliminary Multiplex & Garden Suite Report Available.

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

Closing Costs

Mortgage Amount
$575,920
Land Transfer Taxes$10,873
Legal Fees (Est.)
$
Total cash required for closing$156,353

Total Monthly Obligation

$3,528/mo
Mortgage $2,904
Monthly Loss $2,763
Principal$764
Interest$2,140
Property Tax$249
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 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
$35,124/yr
NOI
$24,127/yr
Net Cash Flow
-$893/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.1/ 100

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

Comparables

Properties near 5 Laxis Avenue

Time

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