GLENCAIRN Avenue, North York, ON, M6B2B1
3 Beds
$2,399,888
Asking Price
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
Recommended Strategy:
Property Type
Investment Opportunity
Status
Available
Lot Size
Oversized
Separate Entrance
No
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
Down Payment
Canadian semi-annual compounding
Down
$479,978
Loan
$1,919,910
Monthly P+I
$12,860
= $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
Enter rental income to activate the gauge
Asking Price
Posted Jun 6, 2026 · 19 days ago
3 bd