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Investment signal

$2,149,900

24 RANEE AVENUE

Save this home

Beds

6

Baths

5 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Exceptional Custom-Built Residence in Prestigious Lawrence Manor. A rare offering in one of Toronto's most desirable neighborhoods. This meticulously maintained, custom-built home showcases superior craftsmanship, high-end finishes, and an elegant design tailored for modern family living. The sun-filled, open-concept layout features soaring ceilings, extensive crown molding, rich oak hardwood flooring, and refined detailing throughout. The gourmet chef's kitchen is equipped with top-of-the-line appliances, bespoke cabinetry, and an oversized island-ideal for both family gatherings and entertaining. Upstairs, spacious principal rooms are thoughtfully laid out, with a convenient second-floor laundry and ample storage. The luxurious primary suite offers comfort and tranquility. complements by sp-inspired baths and generous closet space. The fully finished lower level offers a separate walk-up entrance, two additional bedrooms, a full kitchen, a 3-piece bathroom, gas fireplace, separate laundry, and exceptional versatility-perfect for extended family, guests, or potential rental income. Located just minutes from the TTC subway, premier shopping, parks, and within a top-ranked school district, this home offers an unparalleled lifestyle in a prime urban setting. This is an outstanding opportunity not to be missed. (id:65958)

Subtype
Single Family
Structure
House
Community
Englemount-Lawrence
Common interest
Freehold
Lot dimensions
25 x 132.2 FT ; Irregular W 122.16 n 47.05
Bedrooms
4 above grade, 2 below grade
Parking
3 total
Stories
2
Fireplace
2
On market
Apr 20, 2026
Status changed
Apr 20, 2026
Annual tax
$10,278.21
Photos
40
MLS#
C13019214
Area
TORONTO_(ENGLEMOUNT-LAWRENCE)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedWalk-upN/AN/A

Appliances

AllWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

StoneStucco

Flooring

Hardwood

Security

Security system
Negative cash flow ~$2,255/mo at these assumptions

Cash on cash

-6.29%

Cap rate

3.61%

GRM

16.7

Break-even rent

$13,124

Financing

Down payment$429,980
Loan amount$1,719,920
Mortgage$8,715/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$985
Insurance$80
Maintenance$1,792
CapEx reserve$896
Vacancy loss$538

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 $8,715/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 20, 2026.

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