62 Summerside Crescent, Toronto C15

$1,299,900
62 Summerside Crescent

$1,299,900

New
21d
DetachedSidesplit

62 Summerside Crescent, Toronto C15

Total Monthly Obligation $6,199

Beds
3
Baths
2
Park
5
Sqft
700-1100
DOM
21d
Score
16
Yield
3.8%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-C13856108
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-62.81 × 100.03 ft
Listed on site-Oct 2, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$6,967.19 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Hillcrest Village
Title-Residential Freehold

No agent assigned

Welcome to 62 Summerside, a rare opportunity in one of North York's most sought-after and tightly held communities. Set on a quiet, tree-lined street surrounded by mature trees and established homes, this exceptional property offers an outstanding range of possibilities: move in and enjoy, renovate and expand, rent while you plan, or create your dream home from the ground up. Offered for the first time in 40 years, this solid, well-built detached bungalow features three generously sized bedrooms, two full bathrooms, hardwood flooring, and a wood-burning fireplace. The fully fenced rear yard enjoys a desirable west exposure, creating an ideal setting for outdoor living, entertaining, children, and pets. An attached garage and private driveway add everyday convenience, while the finished basement adds valuable flexibility for additional living, recreation, work and offers ample storage space. The surrounding neighbourhood has seen significant redevelopment, with impressive custom homes emerging along Summerside and neighbouring streets, further enhancing the appeal and character of this established community. Beyond the property itself is a lifestyle defined by convenience, community, and connection. Major highways, public transit, the GO Station, shopping, dining, and everyday amenities are all within easy reach. Families will also appreciate the proximity to highly regarded schools, including A.Y. Jackson and Zion Heights School, adding to the appeal of this established, family-oriented community. Lovingly maintained and filled with possibility, 62 Summerside is a truly special offering-an exceptional property with immediate appeal and tremendous potential for the future.

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%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$6,199/mo
Mortgage $5,243
Monthly Loss $4,819
Principal$1,380
Interest$3,864
Property Tax$581
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$49,692/yr
NOI
$33,256/yr
Net Cash Flow
-$2,472/mo
Cash Margin
-59.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 62 Summerside Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.