$1,558,000

For sale

95 Steeles Avenue East, Toronto (Newtonbrook East) - Single Family for Sale

95 Steeles Avenue East, Toronto (Newtonbrook East), Ontario, M2M3Y4

6 beds5 baths5 parking1,750 ft²45 × 123 ft (5,513 sq ft) lot sizeListed 86 days ago

Overview

This 6-bedroom, 5-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,558,000, it is attractively priced about 11% below the $1,749,000 median asking price in Toronto.

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Description

Lots of opportunities, Investment property, Excellent Income, Can be used as commercial/business in comply with Zoning by-law. This property features 4 self-contained units (two 2-bedroom and two 1-bedroom units) and 6 parking spaces. An excellent opportunity for an investor, owner-occupier, or professional looking for a property with multiple income streams and potential for a home-based or professional office use, offering potential positive cash flow and an attractive investment profile. Prime location on a major arterial road with excellent visibility and accessibility. Steps to the future Yonge/Steeles Subway Station, and close to Centerpoint Mall, grocery stores, restaurants, schools, public transit and other amenities. Recent upgrades include mostly new kitchen appliances, A/C (2023), heat pumps (2026), south roof section (2025), and north roof section (2020). Perfect for home office, rental/investment, health professional office, daycare and other permitted uses. (id:66096)

Property Details

MLS®: C13665184
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 45 × 123 ft (5,513 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,775/yr

Features

Appliances: Washer, Refrigerator, Range, Dryer, Microwave, Cooktop, Two stoves
Foundation: Block
Exterior: Stucco
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$890

List price

$1.56M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Toronto (Newtonbrook East) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by AIMHOME REALTY INC. · RAMAK RAHIMIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $1,558,000, about 19.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $304,332 (20% down, 25-yr amortization, stress-tested) — roughly 276% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$1,558,000· $890/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $311,600

Min 20%50%

Mortgage payment$6,644/mo

Property tax (est.)$648/mo

Total monthly$7,292

Cash Needed to Close

Down payment (20%)$311,600

Land transfer tax$55,270

Est. closing costs$7,174

Total cash needed$374,044

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