50 Connaught Avenue, Toronto C07

$949,000
50 Connaught Avenue

$949,000

New
9d
DetachedBungalow

50 Connaught Avenue, Toronto C07

Total Monthly Obligation $4,732

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
9d
Score
16
Yield
4.1%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-C14031852
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 132 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,345.66 (2026)
Parking-4 - None
Basement-Unfinished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30/45/60 Days
Neighbourhood-Newtonbrook West
Title-Residential Freehold

No agent assigned

Welcome to 50 Connaught Ave, an exceptional opportunity on a generous 40 x 132 ft lot in coveted Newtonbrook! This detached 3-bedroom, 1-bath bungalow is full of potential, awaiting your personal touch to transform this blank slate into a home for making memories! Hardwood floors run throughout the bright, open-concept living and dining room, an inviting space for family and friends to gather. The well-laid-out kitchen is spacious, with ample counter space and a breakfast bar overlooking the living and dining area, perfect for entertaining! Three generously sized bedrooms, all featuring closets and hardwood floors, plus a four-piece family bathroom complete the main level. The expansive basement with separate entrance and great ceiling height is a blank canvas awaiting your vision. Imagine a large rec room, home office, in-law suite, guest space, or playroom! Outside, enjoy a spacious backyard with plenty of green space, a convenient garden shed, and a large private driveway. Recent updates include a furnace (2025) and washer and dryer (2025). Enjoy the outstanding location just steps from Yonge Street transit, shops, restaurants, and everyday amenities, with Goulding Park and Community Recreation Centre and great schools just a short walk away. Whether you're a first-time homebuyer, downsizer, rightsizer, investor, renovator, or builder, this property offers an exciting opportunity to renovate, reimagine, or build on a generous lot in one of North York's most desirable communities!

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

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,732/mo
Mortgage $3,828
Monthly Loss $3,724
Principal$1,007
Interest$2,821
Property Tax$529
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.1/ 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
$39,072/yr
NOI
$24,319/yr
Net Cash Flow
-$1,801/mo
Cash Margin
-55.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.4/ 100

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

Comparables

Properties near 50 Connaught Avenue

Time

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Data last updated within the past 24 hours.