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1049 GLENCAIRN Avenue North York, Ontario

GLENCAIRN Avenue, North York, ON, M6B2B1

3 Beds

Investment Opportunity
Listed

$2,399,888

Asking Price

1049 GLENCAIRN Avenue North York, Ontario, photo 1
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About This Property

An exceptional investment opportunity in one of Midtown Toronto's most prestigious and sought-after communities. Situated on a quiet, tree-lined street with a mature, this property offers incredible versatility for investors, and builders. This oversized lot may offer the potential to be severed into two building lots. Whether you're looking to redevelop, build a custom dream home, or capitalize on the existing layout, the potential here is undeniable. The property features 3 separate newly renovated units, making it ideal to generate immediate cash flow while planning future development. Perfectly positioned with easy access to major highways, seamless connectivity via TTC transit, and just minutes to downtown and key midtown business districts. Enjoy proximity to top-rated public and private schools, as well as premier shopping and dining options. A rare infill opportunity in a high-demand neighbourhood-ideal for custom builders, savvy investors, or those seeking long-term growth and strong rental potential. (id:24493) MLS® #40826553 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: 9 / 10

Recommended Strategy:

Rental|Fix & Flip|Turnkey

Facts & Features

Property Type

Investment Opportunity

Status

Available

Lot Size

Oversized

Separate Entrance

No

Business Case

Strengths

Mature tree-lined street

Versatility for investors and builders

Potential to sever the lot

Top-rated schools nearby

Premier shopping and dining options

Weaknesses

Zoning restrictions to consider

Potential for high construction costs

Rental market competition

Opportunities

High demand in the neighbourhood

Easy access to public transportation

Growing rental market

Threats

Market fluctuations

Zoning changes

Economic downturn

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$479,978

Loan

$1,919,910

Monthly P+I

$12,860

Cash Flow Analysis

= $479,978  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $2,399,888 ÷ 12

Monthly Summary

Mortgage (P+I)

$12,860

Property Tax

$2,400

Total Out

$15,260

Rental In

$0

Net / Month

-$15,260

Net Cash Flow

NET / MO-$15,260

Enter rental income to activate the gauge

Asking Price

$2,399,888

Listed

Posted Jun 6, 2026 · 19 days ago

3 bd

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