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New3 hours ago

58 Joanith Drive

O'Connor-Parkview, Toronto

$958,000

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to 58 Joanith Road, a turnkey legal two-unit dwelling in the heart of East York's growing community. Thoughtfully renovated with PERMITS and designed for both style and functionality, this charming bungalow offers an exceptional opportunity for homeowners, multi-generational families, and investors alike. Step inside to discover a bright, open-concept interior that makes excellent use of every square foot. The main floor features impressive 10-foot ceilings, while the underpinned basement offers comfortable 8-foot ceilings. Nearly every major component of the home has been updated, including the 200-amp electrical service, HVAC systems, ductwork, roof, plumbing, and more. Additional improvements include a new 1-inch extended water line to the backyard-ideal for a future GARDEN SUITE -along with a sump pump, backflow valve, and interior waterproofing backed by a 25-year warranty. The legal two-unit dwelling provides excellent income potential, whether you choose to live in one unit and rent the other or maximize the property's rental possibilities. Outside, enjoy two-car parking and a spacious backyard enclosed by a new fence. Located in a sought-after and rapidly growing East York neighbourhood, this move-in-ready property offers the perfect blend of modern upgrades, versatile living space, and future potential. No need to get your hands dirty-this exceptional turnkey home is ready to go. A must-see!

Extras

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,236
Lot Size30 ft x 105 ft
mls© NumberE13774756
Listed ByCULTURELINK REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,903
Property tax
$353
Heat allowance
$150
Housing costs
$5,406 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $191,600
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$4,031 / mo
Cash down
$191,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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