62 Newmarket Avenue

Toronto, ONMulti-family
$999,000
MLS® E13825474
Multi-family5 beds3 baths0 total
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About This Property

Welcome to 62 Newmarket Avenue, a beautifully updated detached duplex in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. Perfectly suited for multi-generational families, or owner-occupiers seeking mortgage helper potential. This versatile home combines modern updates, separate living spaces, and excellent income stability. Pride of ownership is evident throughout this extensively upgraded property. Improvements were made to electrical, plumbing, insulation, mechanical systems, and living spaces. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite that has a separate entrance. Upgrades include quartz kitchen countertops, laundry room, updated ductwork, and an insulated entrance door. The lower level is currently tenanted and provides immediate rental income. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity is a rare combination of an updated family home and an income suite in one of Toronto's most livable neighbourhoods. A turnkey property like this will not last long! (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
3
Size
1,500 sqft
Lot
24.5 x 100 FT
Parking
0 total

Highlights

  • All
  • Washer
  • Dishwasher
  • Dryer
  • Microwave
  • Two stoves
  • Window Coverings
  • Water Heater - Tankless
  • Two Refrigerators
Property Details 16 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
3 bathrooms
1 partial
Parking
0 parking spaces
Detached Garage · Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2
Basement
Finished, Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
24.5 x 100 FT
Frontage
24.60 feet
Taxes
$4,895.44
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

AllWasherDishwasherDryerMicrowaveTwo stovesWindow CoveringsWater Heater - TanklessTwo RefrigeratorsLaminate

Exterior features

BrickConcrete

Lot and water

In-Law Suite
Rooms 11 rooms
Level
Room
Dimensions
Main level
Living room
3.52 m x 3.69 m
Basement
Laundry room
1.86 m x 1.68 m
Main level
Dining room
3.52 m x 3 m
Main level
Kitchen
5.27 m x 3.2 m
Second level
Bedroom
3.6 m x 4.43 m
Second level
Bedroom 2
3.6 m x 3.88 m
Second level
Bedroom 3
2.29 m x 2.98 m
Basement
Kitchen
3.22 m x 3.11 m
Basement
Living room
3.32 m x 2.61 m
Basement
Bedroom
3.32 m x 3.27 m
Basement
Bedroom 2
2.64 m x 3.1 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$999,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Woodbine-Lumsden
City
Toronto
Postal code
M4C 1V9
Nearby
Main St/Danforth Ave