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Foreclosure signalInvestment signal

$719,900

140 NORTHLAND AVENUE

Beds

4

Baths

2

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to 140 Northland Ave! An exceptional opportunity for first-time buyers and savvy investors alike. This 2+2 bedroom, 2-bathroom detached bungalow sits on a rare 120-ft deep lot, offering incredible future potential including a possible garden suite or multi-unit development (buyer to verify feasibility with the City of Toronto, including CMHC 5-unit program eligibility). The home features bright, airy living spaces with southern exposure,bringing in abundant natural light throughout the day. A functional layout with separate entrances adds flexibility for extended family living or potential income opportunities.Located in a highly sought-after, family-friendly neighbourhood, you are just steps to shopping plazas, supermarkets, parks, and schools. Convenient access to TTC transit makes commuting easy, while drivers will appreciate quick connections to Highways 400 & 401.Ideal starter home or investment property with endless potential. Property is being sold in"as-is, where-is" condition with no representations or warranties. A rare opportunity to own in a prime location where lifestyle, convenience, and future growth come together. Don't miss it! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Rockcliffe-Smythe
Common interest
Freehold
Lot dimensions
20 x 120 FT
Bedrooms
2 above grade, 2 below grade
Parking
1 total
Stories
1
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$3,219.95
Photos
45
MLS#
W13006464
Area
TORONTO_(ROCKCLIFFE-SMYTHE)

Features and systems

Parking

No Garage

Basement

FinishedSeparate entranceN/AN/A

Appliances

RefrigeratorStoveWindow Coverings

Heating

Other

Cooling

Window air conditioner

Exterior

Aluminum siding

Foundation

Concrete
Negative cash flow ~$1,423/mo at these assumptions

Cash on cash

-11.86%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,098

Financing

Down payment$143,980
Loan amount$575,920
Mortgage$3,533/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$330
Insurance$80
Maintenance$600
CapEx reserve$300
Vacancy loss$180

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $3,533/mo at 5.49% with 20% down, 25-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 16, 2026.

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