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22 PITT AVENUE Toronto (Clairlea-Birchmount), Ontario

PITT AVENUE, Toronto (Clairlea-Birchmount), ON, M1L2R1

4 Beds

3 Baths

Detached Home
Listed

$1,488,000

Asking Price

22 PITT AVENUE Toronto (Clairlea-Birchmount), Ontario — photo 1
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About This Property

Welcome to this spacious, move-in ready 4-bedroom, 3 bathroom detached family home with a complete 2-Bedroom legal Basement apartment. This special home is filled with character through a complete renovation, top to bottom. At the heart of the home is an impressive kitchen opening onto a spacious deck and backyard with a detached 2-car garage. The bright and airy open concept main floor features a spacious living room anchored by a cozy gas fireplace. Located on a corner lot that fills the house with light and joy. All new flooring, kitchens, bathrooms, plumbing, electrical, heating and cooling systems, etc. - Premium tap and bath fixtures from Muti Kitchen & Bath. Basemet is radiant heat with their own Laundry. Safe & Sound insulation separates the legal light filled basement apartment accentuated by a 4 foot by 4 foot egress window- Vinyl built Lifetime Warranty on Vinyl built windows and doors- Easy access to downtown as the Subway is a 5 minute walk away- 5 minute drive to The Beaches with all the area has to offer (restaurants, entertainment, biking) Walk to golf course and Parks with biking trails. (id:24493) MLS® #E12873504 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Opportunity Analysis

Score: 0 / 10

Recommended Strategy:

Fix & Flip|Rental|Turnkey

Facts & Features

Property Type

Detached Home

Status

Move-in Ready

Parking

2-car garage

Basement

Legal Basement apartment

Separate Entrance

Yes

Business Case

Strengths

High demand area

Close proximity to public transportation

Potential for short-term rental income

Weaknesses

High renovation costs

Potential for low rental income

Risk of decreased property value

Opportunities

Investing in the local real estate market

Potential to increase property value through renovations

Threats

Economic downturns

Changes in local regulations

Risk of over-saturation in the market

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$297,600

Loan

$1,190,400

Monthly P+I

$7,974

Cash Flow Analysis

= $297,600  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $1,488,000 ÷ 12

Monthly Summary

Mortgage (P+I)

$7,974

Property Tax

$1,488

Total Out

$9,462

Rental In

$0

Net / Month

-$9,462

Net Cash Flow

NET / MO-$9,462

Enter rental income to activate the gauge

Asking Price

$1,488,000

Listed

Posted Apr 12, 2026 · 2 days ago

4 bd

·

3 ba

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