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New57 minutes ago

23 Myrtle Avenue

South Riverdale, Toronto

$799,000

Freehold Townhouse|2-Storey
4 | 2 | 2
About this home

A unique opportunity in the heart of South Riverdale, this duplex offers a flexible layout with two kitchens, two full bathrooms and four bedrooms, creating options for extended family, shared living or rental income. The home features granite countertops, mostly newer windows, updated HVAC, 200-amp electrical service and an owned tankless water heater. The main floor includes a spacious kitchen, living area and bedroom with a walkout to the deck and backyard, while the upper level offers a second kitchen and two additional bedrooms. The layout provides flexibility for a variety of living arrangements and future uses. Set on a deep 14.15 x 120 ft lot with rear laneway access and parking for two vehicles, the property also offers potential for a future laneway suite, subject to the buyer's own due diligence. Located near Gerrard St E and Jones Ave, close to schools, parks, transit, shops, restaurants, Woodbine Park, the Beach and Lake Ontario. A property with flexibility, income potential and long-term upside in one of Toronto's most established east-end neighbourhoods.

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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.

TypeAtt/Row/Townhouse
Style2-Storey
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$3,997
Lot Size14.15 ft x 120 ft
mls© NumberE13840102
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$4,090
Property tax
$333
Heat allowance
$150
Housing costs
$4,573 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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