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Investment signal

$2,450,000

1-3 BONFIELD AVENUE

Save this home

Beds

9

Baths

7 full + 1 half

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (The Beaches). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

** Prime Beach Investment Opportunity - South of Queen St East ** 1-3 Bonfield Ave is a rare offering in Toronto's prime Beach location. This detached 2-storey brick building features 4 charming 2-Bedroom suites plus two additional basement apartments. AAA location - just steps to the Boardwalk-Beach, Lake and vibrant Queen Street East. ** 6 Suites: 4 x 2-Bedroom / 1 x 1-Bedroom / 1 x Studio. Exceptional Curb Appeal: Front balconies for Upper suites; front porches for Main floor suites. Two-car garage located at the rear of the property. Vacancy: Both Main Floor Suites are Vacant. Income Statement, Survey, and Floor Plans attached. A solid, well-maintained building with strong rental appeal-ideal for investors seeking a turnkey property in one of Toronto's most desirable neighbourhoods. (id:65958)

Subtype
Single Family
Structure
Other
Community
The Beaches
Lot dimensions
41.3 x 97.2 FT
Bedrooms
8 above grade, 1 below grade
Parking
2 total
Stories
2
On market
Apr 4, 2026
Status changed
Apr 21, 2026
Annual tax
$14,463.38
Photos
20
MLS#
E12956996
Area
TORONTO_(THE_BEACHES)

Features and systems

Parking

Detached GarageGarage

Basement

Partially finishedApartment in basementN/AN/A

Appliances

WasherRefrigeratorStoveDryerWindow CoveringsWater Heater

Exterior

Brick

Flooring

Hardwood

Foundation

Block

Waterfront

Waterfront

Utilities

SewerElectricityCable
Negative cash flow ~$2,559/mo at these assumptions

Cash on cash

-6.27%

Cap rate

3.61%

GRM

16.7

Break-even rent

$14,944

Financing

Down payment$490,000
Loan amount$1,960,000
Mortgage$9,931/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,123
Insurance$80
Maintenance$2,042
CapEx reserve$1,021
Vacancy loss$613

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $9,931/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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