



62 Caines Avenue
Newtonbrook West, Toronto
$1,348,800
Welcome to 62 Caines Avenue, a fantastic opportunity in a highly sought-after Toronto neighbourhood! Situated on an impressive 52 x 184.8 ft lot and surrounded by million-dollar homes, this property is ideal for investors, builders, renovators, or families looking to create their dream home. The charming 3+3 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future vision. The home also features a separate entrances to a finished basement, offering added flexibility and potential. Property is being sold in "AS IS, WHERE IS" condition. The spacious backyard offers the potential to build a separate guest suite, creating an excellent opportunity for additional rental income or comfortable accommodation for extended family.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,559 |
| Lot Size | 52.06 ft x 185.14 ft |
| mls© Number | C14098704 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $6,904
- Property tax
- $630
- Heat allowance
- $150
- Housing costs
- $7,684 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$236,000
gross annual household income
- Payment at 4%
- $5,676 / mo
- Cash down
- $269,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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