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1 / 39
New3 days ago

44 Connaught Avenue

Newtonbrook West, Toronto

$999,000

Detached|Bungalow
2 | 2 | 3
About this home

Exceptional investment opportunity in one of North York's most high-demand transit corridors. Located just steps from Yonge Street and Finch Subway Station, 44 Connaught Avenue offers outstanding potential for savvy investors, builders, and developers.Situated on a prime lot within a rapidly evolving neighbourhood, this property presents significant upside under Toronto's expanded multiplex zoning bylaws (duplex, triplex, fourplex, or garden suite development potential). Ideal for substantial rental income, custom redevelopment, or holding for long-term appreciation in a world-class transit-oriented hub.Unbeatable location with immediate walking access to TTC Subway, GO Transit, vibrant Yonge Street dining, shopping, top-ranked schools, and major highway connections (Hwy 401/404). A rare development opportunity in prime North York. Buyer and buyer's agent to verify all zoning, permits, and development permissions.

Extras

No extras listed.

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Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,369
Lot Size25 ft x 132 ft
mls© NumberC14096348
Listed ByRIGHT AT HOME REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,113
Property tax
$447
Heat allowance
$150
Housing costs
$5,711 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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Comparable sales

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