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New2 days ago

62 Caines Avenue

Newtonbrook West, Toronto

$1,348,800

Detached|Bungalow
3 | 3 | 4
About this home

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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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$7,559
Lot Size52.06 ft x 185.14 ft
mls© NumberC14098704
Listed ByRE/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.

Down payment20% · $269,760
25-yr amortization

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 check

Values and trends

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