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New Toronto, Toronto
$1,499,000
Welcome to 52 Third Street, a detached New Toronto home offering approximately 1,200 sq. ft. of living space above grade, plus a finished lower level and a separate conditioned studio. Thoughtfully designed for everyday living, the home combines flexible interior space with features that are surprisingly difficult to find in the neighbourhood, including private driveway parking for two vehicles, EV charging and a fully fenced, private backyard. The main floor features a welcoming foyer, well proportioned living room and a spacious kitchen with extensive cabinetry, centre island and breakfast bar. A convenient mudroom and powder room add to the everyday functionality of the space. Upstairs are three bedrooms, a full bathroom and a bright rear sunroom, offering a versatile space for a home office, reading room, playroom or quiet retreat. Above, a walkable attic with a window and electricity provides substantial storage. The finished lower level adds even more flexibility, with a room featuring an egress window that could work as a fourth bedroom or recreation space, along with an office, full bathroom, laundry and additional storage. Outside, the fully fenced backyard offers a private setting for entertaining, gardening and family life. The approximately 180 sq.ft. detached studio is one of the home's standout features, with electricity, ethernet, electric heat and air conditioning. It could serve as a home office, gym, creative studio, workshop or private retreat. There is also additional storage beneath the deck and house, storage beside the studio and a gas hookup for a BBQ. Located steps from Lake Ontario, waterfront parks and trails, with schools, transit, shops, restaurants and major commuter routes nearby, 52 Third Street offers an unusually complete combination of space, parking, privacy and flexibility in New Toronto.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,773 |
| Lot Size | 25 ft x 123 ft |
| mls© Number | W13849476 |
| Listed By | RE/MAX PROFESSIONALS 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%
- $7,673
- Property tax
- $398
- Heat allowance
- $150
- Housing costs
- $8,220 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$253,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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