185 Castlefield Avenue, Toronto C03

$1,549,000
185 Castlefield Avenue

$1,549,000

New
9d
Duplex3-Storey

185 Castlefield Avenue, Toronto C03

Total Monthly Obligation $7,352

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
9d
Yield
2.3%
Cash on Cash
-13.9%
Cap Rate
1.6%
5Y IRR
4.8%
10Y IRR
6.3%
Property Type-Duplex
MLS® Number-C14032112
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-24.77 × 133.78 ft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Duplex
Taxes-$8,739.67 (2026)
Parking-4 - Detached
Basement-Apartment, Finished
Heating-Baseboard (Electric)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate/TBA
Neighbourhood-Yonge-Eglinton
Title-Residential Freehold

No agent assigned

TURNKEY opportunity in Midtown Toronto. Spectacular purpose built Duplex w Legal BSMT Apt offering exceptional versatility for multigenerational living, extended family, or seeking a primary residence with added rental units. Owners occupy Bsmt & 2nd flr vacating on closing. Projected income $8500/mnth. Laneway access for potential Laneway Suite. Toronto living at its finest-walkable, well-connected, surrounded by some of the most desirable top-rated PUBLIC, PRIV & CHS Schools including, Allenby, Glenview, North Toronto CI, Bishop Allen Academy, St. Clement's, Havergal College & Marshall Mcluhan The Green Spaces - Eglinton Park, Lytton Sunken Gardens, just steps away from the multi-use North Toronto Memorial Community Centre. Yonge Street shops, restaurants, cafes, subway & the Crosstown LRT, offer an active lifestyle making it appealing to tenants, families, & investors alike. The inviting main flr features bright, open-concept layout with a modern kitchen, spacious living/dining areas & cozy wood burning fireplace. The upper-level suite with soaring bi-level ceilings paired with a cozy loft retreat create a dramatic architectural feature maximizing space & natural light. Each have access to a private spacious wooden deck, perfect for morning coffee, entertaining, or relaxing among the trees, while the loft showcases unobstructed skyline views. All units thoughtfully designed with each offering its own ensuite laundry & separately metered for hydro with quiet, electric baseboard heating paired in the primary suite with wall-mounted A/C for efficient, localized control. This Meticulously maintained, move-in ready home blends comfort, character & functionality - a rare chance to secure a high-quality, income-generating asset with strong upside for investors & end-users alike. Some homes simply check the boxes. Rarely does a property offer this combination of character, flexibility, scale & future potential. A home with room to live, grow & create your next chapter.

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Closing Costs

Mortgage Amount
$1,239,200
Land Transfer Taxes$27,455
Legal Fees (Est.)
$
Total cash required for closing$338,755

Total Monthly Obligation

$7,352/mo
Mortgage $6,248
Monthly Loss $5,707
Principal$1,644
Interest$4,604
Property Tax$728
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 185 Castlefield Avenue

Time

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