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Investment signal

$949,900

57 CREEKBANK ROAD

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Beds

Baths

4 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Rustic). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Beautifully maintained legal duplex townhouse built by Fernbrook Homes. Offering the perfect blend of modern living with strong rental income potential. Ideal for multi-generational families, or investors. This upscale property features two well-designed units with separate entrance access and high-end finishes throughout. The main unit offers a sophisticated layout with hardwood floors, granite countertops, stainless steel appliances, a skylight, along with three spacious bedrooms and modern bathrooms. The second unit provides separate living, bathroom, kitchen, and convenient same-level laundry, making it perfect for tenants or extended family. The property can also generate between $5,200-$5,600 per month in rental income, presenting a strong and reliable cash-flow opportunity! Conveniently located minutes from Highway 401 & 400, GO Transit, Union Station, Mount Dennis Station, and Pearson Airport, with bus stops, parks, playgrounds, schools, and shopping plazas just steps away, this versatile home offers exceptional value in one of Toronto's most desirable and well-connected neighbourhoods. (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: Rustic
Common interest: Freehold
Lot dimensions: 15 x 75 FT
Bedrooms: 3 above grade, 1 below grade
Parking: 2 total
Condo/HOA fee: $245.89 monthly
Stories: 3
On market: Mar 6, 2026
Status changed: Apr 24, 2026
Annual tax: $6,095.08
Photos: 31
MLS#: W12855990
Area: TORONTO_(RUSTIC)

Features and systems

Parking

Attached GarageGarage

Basement

Apartment in basementSeparate entranceN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerHood FanBlindsGarage door opener remote(s)

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Fee includes

Parcel of Tied Land

Negative cash flow ~$1,041/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,845

Financing

Down payment$189,980

Loan amount$759,920

Mortgage$3,850/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435

Insurance$80

Maintenance$792

CapEx reserve$396

Vacancy loss$238

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $3,850/mo at 4.5% with 20% down, 30-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 24, 2026.