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New buildInvestment signal

$524,999

38 ASTORIA PL

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Beds

Baths

3 full + 1 half

Sqft

—

Year

2025

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Welcome to 38 Astoria Place -an exceptional brand-new, half duplex in the thriving community of Devon. Offering over 1,900 sq ft of thoughtfully designed living space, this modern 2-storey home features 3 bedrooms, a generous bonus room, 2.1 bathrooms, and a main-floor den perfect for a home office or guest room. The open-concept layout showcases 9’ ceilings, expansive windows, and contemporary finishes that create a bright, inviting atmosphere. The primary suite includes a walk-in closet and a private ensuite for added comfort. Enjoy the convenience of a double attached garage. Built with efficiency and peace of mind in mind, this home includes an HRV system, radon protection, and fire-rated demising walls. Located close to parks, trails, schools, shopping, and everyday amenities. This is a fantastic opportunity to own a stylish new home in a family-friendly community! (id:65958)

Subtype: Single Family
Structure: Duplex
Community: Devon
Common interest: Freehold
Living area: 1,993 square feet
Stories: 2
On market: Jan 28, 2026
Status changed: Apr 26, 2026
Photos: 38
MLS#: E4471292
Area: DEVON

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Appliances

RefrigeratorDishwasherStoveMicrowave

Heating

Forced air

Lot

Flat siteCloset Organizers

Security

Smoke Detectors

Negative cash flow ~$611/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

-6.99%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,268

Financing

Down payment$105,000

Loan amount$419,999

Mortgage$2,128/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241

Insurance$80

Maintenance$437

CapEx reserve$219

Vacancy loss$131

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 $2,128/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 26, 2026.