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Investment signal

$1,449,000

17 ALTAIR AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Welcome to this well-maintained detached 5-level back-split offering outstanding space, comfort, and versatility for today's modern family lifestyle. Featuring four spacious bedrooms and three full bathrooms, this home provides plenty of room for both everyday living and entertaining. The bright eat-in kitchen is perfect for family meals, complemented by a formal dining room ready for holiday gatherings and celebrations. The large family room with fireplace and walk-out to the garden offers a relaxing space to unwind or host guests. A separate entrance leads to a private 2-bedroom lower-level apartment - ideal for extended family living or excellent rental income potential or personal use.A rare combination of space, flexibility, and long-term value in a highly desirable neighbourhood. A smart choice for families looking to settle and invest in the future. (id:65958)

Subtype: Single Family
Structure: House
Community: L'Amoreaux
Common interest: Freehold
Lot dimensions: 50 x 110.1 FT
Bedrooms: 4 above grade, 2 below grade
Parking: 4 total
Fireplace: Yes
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $6,832
Photos: 22
MLS#: E13039396
Area: TORONTO_(L'AMOREAUX)

Features and systems

Parking

Attached GarageGarage

Basement

Apartment in basementN/A

Appliances

WasherCentral VacuumDishwasherDryerTwo stovesGarage door opener remote(s)Two Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickConcrete Block

Flooring

HardwoodParquetCeramic

Foundation

Block

Lot

Carpet FreeIn-Law Suite

Negative cash flow ~$1,541/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.38%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,872

Financing

Down payment$289,800

Loan amount$1,159,200

Mortgage$5,873/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$664

Insurance$80

Maintenance$1,208

CapEx reserve$604

Vacancy loss$363

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 $5,873/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 24, 2026.