349 Driftwood Avenue 1, Toronto W05

$499,900
349 Driftwood Avenue 1

$499,900

New
3d
Condo Townhouse2-Storey

349 Driftwood Avenue 1, Toronto W05

Total Monthly Obligation $3,923

HausQ Valuation Report
Beds
4
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
17
Yield
7.6%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Townhouse
MLS® Number-W14103224
Beds-4
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,689.15 (2025)
Maintenance-$1,565.78/mo
Locker-None
Parking-1 - Underground
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/60/90
Neighbourhood-Black Creek
Title-Residential Condo & Other

No agent assigned

Welcome to this Spacious 4-Bedroom End Unit Home in an Unbeatable Location! Maintenance Fee is all inclusive. This bright and well-maintained home features laminate floors on the main level and a functional open-concept living/dining area that walks out to your own private yard, perfect for morning coffee or weekend relaxation. The modem kitchen boasts stainless steel appliances and ample storage. Upstairs, you'll find four generously sized bedrooms, each with double closets and large windows that flood the rooms with natural light. Broadloom carpeting adds warmth and comfort upstairs and in the finished basement, ideal for a family room, home office, or extra living space. Located just a short walk to York University, Subway stations, and Black Creek Parkland Trails. Enjoy quick access to Hwy 400 and nearby shops, groceries, restaurants, and top-rated schools. Don't miss this fantastic opportunity to own a spacious, move-in ready home in a prime location!

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,923/mo
Mortgage $2,016
Monthly Loss $3,392
Principal$531
Interest$1,486
Property Tax$141
Condo Fees$1,566
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.7%17
10-Year IRR
8.5%
Returns Index
9.6/ 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
$37,920/yr
NOI
$11,249/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
20.5/ 100

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

Comparables

Properties near 349 Driftwood Avenue 1

Time

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Data last updated within the past 24 hours.