62 Northridge Road, Toronto E03

$1,399,000
62 Northridge Road

$1,399,000

New
2d
DetachedBungalow

62 Northridge Road, Toronto E03

Total Monthly Obligation $6,456

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
2d
Score
15
Yield
3.1%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-E14103546
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-32.03 × 110.12 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,250 (2026)
Parking-4 - Detached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-JOHNSTON & GREEN REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East York
Title-Residential Freehold

No agent assigned

Welcome to 62 Northridge Avenue - a fully renovated luxury bungalow nestled on a quiet, family-friendly street in the heart of East York. Thoughtfully designed from top to bottom, this exceptional 2+2 bedroom, 2 bathroom home blends timeless design, quality craftsmanship, and modern functionality. Step inside to discover a bright open-concept living and dining space featuring engineered flooring, custom millwork, designer finishes, upgraded lighting, and a beautifully appointed kitchen complete with quartz countertops, premium stainless steel appliances, and abundant storage. Large windows throughout flood the home with natural light, creating a warm and inviting atmosphere. The professionally finished lower level offers impressive ceiling height, two additional bedrooms, a stylish bathroom, recreation space, and excellent flexibility for growing families, guests, or future income potential. Extensive improvements include underpinning and waterproofing, updated mechanical systems, upgraded electrical service, newer windows, and enhanced plumbing throughout. Outside, enjoy a private landscaped backyard designed for entertaining, complete with a large new deck, patio area, low-voltage lighting, detached garage, and ample parking. Smart home features include smart doorbells, security cameras, sound system integration, and a modern smart thermostat. Ideally located close to excellent schools, parks, shopping, restaurants, transit, and major commuter routes, this rare East York offering delivers the perfect combination of luxury, comfort, and convenience. A turnkey home where every detail has been carefully considered - simply move in and enjoy.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$6,456/mo
Mortgage $5,643
Monthly Loss $4,971
Principal$1,485
Interest$4,158
Property Tax$438
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.0%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$43,200/yr
NOI
$29,130/yr
Net Cash Flow
-$3,216/mo
Cash Margin
-89.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.0/ 100

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

Comparables

Properties near 62 Northridge Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.