$1,549,000
Est. payment $6,859/moCalculate yours
185 Castlefield Avenue, Toronto, ON M4R 1G6
Yonge-Eglinton, Toronto, ON M4R 1G6
- 3 + 1 Beds
- 4 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of RE/MAX ULTIMATE REALTY INC. MLS® C14032112
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 4
- Kitchens
- 3
- Total Rooms
- 12
- Basement
- Apartment, Finished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 24.77 x 133.78 Feet
- Parking
- Detached garage · 4 total
- Zoning
- Duplex
Financial
- Property Taxes
- $8,740 (2026)
Location
- Neighbourhood
- Yonge-Eglinton
- Cross Street
- Avenue / Castlefield
- Direction Faces
- South
Listing
- MLS® Number
- C14032112
- Days on Market
- 4
- Listed On
- 2026-10-14
- Possession
- Immediate/TBA
- Listed By
- RE/MAX ULTIMATE REALTY INC.
Rooms
Features
Interior
- Auto Garage Door Remote
- Carpet Free
- Separate Heating Controls
- Water Heater
Pool
- None
- Included
- Wonderful main floor tenant month to month & happy to stay on-$2,450/month plus hydro, parking not included. 200 amp service, 3 Separate meters, 3 fridges, 3 stoves, 3 dishwashers, 3 washers/ dryers. 2 HWT owned, 2nd/3rd floor ductless air conditioning unit, 2 Wood burning Fireplaces, and all electric light fixtures belonging to Seller. Roof 2011. Utilities 2025-1,085.00/yr. Hydro 2025 approx $6600/yr. Insurance $ 4,148.28. Double garage with 2 additional parking spots. Laneway at rear allows for Garden/Laneway Suite. The Seller and Listing Brokerage do not warrant the retrofit status of the basement apartment.
- Excluded
- All lighting fixtures and window coverings belonging to tenant.
- Rental items
- 1 HWT is rented for $24/mnth
Mortgage calculator
Estimated mortgage payment
$6,859 per month
- Principal and interest
- $6,859
- Property tax
- $728
- Condo fees
- $0
- Estimated monthly cost
- $7,587
Your mortgage
- Mortgage amount
- $1,239,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $818,391
Cash to close
- Down payment
- $309,800
- Land transfer tax (Ontario + Toronto)
- $54,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $364,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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