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Listed 4 months ago

70 Westdale Drive

Downsview-Roding-CFB, Toronto

$1,170,000

Detached|1 1/2 Storey
5 | 2 | 4
About this home

Turnkey, high-yield investment property with strong cash flow and future upside! Featuring 6 bedrooms with 6 stable tenants, this fully rented home generates close to $6,000/month. Thoughtfully upgraded with full interior painting, a complete electrical update (2024), coin laundry, and exterior readiness for an EV charging station. Ideal for investors seeking a low-maintenance, income-producing asset with reliable tenancy. Located in an area where garden suites are actively being approved and built, offering excellent potential to add a self-contained backyard unit (subject to City approvals) and further increase income. A rare opportunity to secure a stabilized property with immediate returns and long-term growth potential. The property is being sold furnished.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,082
Lot Size51.14 ft x 117 ft
mls© NumberW12960218
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,989
Property tax
$340
Heat allowance
$150
Housing costs
$6,479 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $234,000
25-yr amortization

Income needed

$199,000

gross annual household income

Payment at 4%
$4,924 / mo
Cash down
$234,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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