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Price Change$1,299,000

95 Steeles Avenue E

Newtonbrook East, Toronto

$1,538,000

Detached|Bungalow
4 | 5 | 5
About this home

Welcome to registered multiplex 95 Steeles Ave E, Lots of opportunities, Investment property, Minimum Income of $8200 per month, Can be used as commercial/business in comply with Zoning by-law. This investment 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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,775
Lot Size45 ft x 122.5 ft
mls© NumberC13665184
Listed ByAIMHOME 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%
$7,872
Property tax
$648
Heat allowance
$150
Housing costs
$8,670 / mo

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

Down payment20% · $307,600
25-yr amortization

Income needed

$267,000

gross annual household income

Payment at 4%
$6,472 / mo
Cash down
$307,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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