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Investment signal

$1,520,000

154 HOLLINGSWORTH DRIVE

Beds

2

Baths

2

Sqft

Year

About this home

This is a prime investment opportunity to acquire an expansive 75' x 137' lot on the highly coveted Hollingworth Drive, situated within King's prestigious Clearview Height enclave. The property currently features a well-maintained, fully functional 2-bedroom bungalow. Nestled among multi-million-dollar estates, this site offers unparalleled potential to renovate, land-bank as a rental or custom-build a luxury residence. Its central location provides exceptional convenience, situated within walking distance to local boutique, dining, the public library, and the King City GO Station. Furthermore, the property is just minutes from Highway 400 and several of the areas top-tier public and private schools (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
N13012834
Area
KING_(KING_CITY)
Negative cash flow ~$2,917/mo at these assumptions

Cash on cash

-11.51%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,670

Financing

Down payment$304,000
Loan amount$1,216,000
Mortgage$7,460/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$697
Insurance$80
Maintenance$1,267
CapEx reserve$633
Vacancy loss$380

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,460/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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