185 Castlefield Avenue, Toronto, Ontario, Canada, M4R1G6

1,549,000
for Sale
3 + 1
4
2000-2500

About the property:

TURNKEY opportunity in Midtown Toronto. Spectacular purpose built Duplex w Legal BSMT Apt offering exceptional versatility for multigenerational living, extended family, or seeking a primary residence with added rental units. Owners occupy Bsmt & 2nd flr vacating on closing. Projected income $8500/mnth. Laneway access for potential Laneway Suite. Toronto living at its finest-walkable, well-connected, surrounded by some of the most desirable top-rated PUBLIC, PRIV & CHS Schools including, Allenby, Glenview, North Toronto CI, Bishop Allen Academy, St. Clement's, Havergal College & Marshall Mcluhan The Green Spaces - Eglinton Park, Lytton Sunken Gardens, just steps away from the multi-use North Toronto Memorial Community Centre. Yonge Street shops, restaurants, cafes, subway & the Crosstown LRT, offer an active lifestyle making it appealing to tenants, families, & investors alike. The inviting main flr features bright, open-concept layout with a modern kitchen, spacious living/dining areas & cozy wood burning fireplace. The upper-level suite with soaring bi-level ceilings paired with a cozy loft retreat create a dramatic architectural feature maximizing space & natural light. Each have access to a private spacious wooden deck, perfect for morning coffee, entertaining, or relaxing among the trees, while the loft showcases unobstructed skyline views. All units thoughtfully designed with each offering its own ensuite laundry & separately metered for hydro with quiet, electric baseboard heating paired in the primary suite with wall-mounted A/C for efficient, localized control. This Meticulously maintained, move-in ready home blends comfort, character & functionality - a rare chance to secure a high-quality, income-generating asset with strong upside for investors & end-users alike. Some homes simply check the boxes. Rarely does a property offer this combination of character, flexibility, scale & future potential. A home with room to live, grow & create your next chapter.

Extra info:

Wonderful main floor tenant month to month & happy to stay on-$2,450/month plus hydro, parking not included. 200 amp service, 3 Separate meters, 3 fridges, 3 stoves, 3 dishwashers, 3 washers/ dryers. 2 HWT owned, 2nd/3rd floor ductless air conditioning unit, 2 Wood burning Fireplaces, and all electric light fixtures belonging to Seller. Roof 2011. Utilities 2025-1,085.00/yr. Hydro 2025 approx $6600/yr. Insurance $ 4,148.28. Double garage with 2 additional parking spots. Laneway at rear allows for Garden/Laneway Suite. The Seller and Listing Brokerage do not warrant the retrofit status of the basement apartment.
Triplex duplex
Property Type:
Triplex
Status:
for Sale
House Style:
duplex
Bedrooms:
3 + 1
Bathrooms:
4
Land Size:
24.77 x 133.78 FT
Garage/Parking Type:
Mutual
Garage Spaces:
2
Parking Places:
4
Fireplace:
2
Heating Type:
Baseboard
Heating Fuel:
Electric
Cross Street:
Avenue / Castlefield
Exterior:
Stucco (Plaster)
Basement:
Apartment,Fi, Apartment,Fi
Fronting On:
S
Possession Date:
Immediate/TBA
Annual Property Taxes:
8,739.67
Listing ID:
C14032112

Rooms

Dimensions

Main
Kitchen
9.2m x 4.2mKitchen Tile Floor Open Concept Overlooks Living
Living Room
9.2m x 4.2mLiving Room Hardwood Floor Fireplace Combined w/Dining
Dining Room
9.2m x 4.2mSolarium Hardwood Floor Combined w/Living Juliette Balcony
Bedroom
5.21m x 4.32mPrimary Bedroom Hardwood Floor W/O To Deck His and Hers Closets
Second
Kitchen
9.2m x 4.34mKitchen Hardwood Floor Breakfast Bar Open Concept
Living Room
9.2m x 4.34mLiving Room Hardwood Floor Fireplace Vaulted Ceiling(s)
Dining Room
9.2m x 4.34mPrimary Bedroom Hardwood Floor Juliette Balcony Combined w/Living
Bedroom 2
4.19m x 3.53mPlay Hardwood Floor W/O To Deck His and Hers Closets
Third
Bedroom 3
5.49m x 4.27mOffice Broadloom 3 Pc Ensuite B/I Closet
Den
4.52m x 4.27mLiving Room Broadloom Pass Through Skylight
Lower
Kitchen
6.25m x 3.1mKitchen Tile Floor Open Concept Overlooks Living
Living Room
6.25m x 3.1mPrimary Bedroom Hardwood Floor Open Concept Combined w/Dining
Bedroom 4
5.11m x 3.61m Broadloom His and Hers Closets Above Grade Window
Brokered by:
RE/MAX Ultimate Realty Inc.
Source: TRREB/PROPTX
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