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Investment signal

$1,499,000

112 KINGSLAKE ROAD

Beds

6

Baths

5.1

Sqft

Year

About this home

RENOVATED TOP TO BOTTOM! Over $250,000 in upgrades. Excellent investment opportunity with a potential rental income of $5,000/month, main level estimated at $3,000 (Ref: C12118427) and lower level at $2,000 (Ref: C12108596). Welcome to this beautifully upgraded home in the highly sought-after Don Valley Village community, in the heart of North York! Showcasing a fully finished basement apartment with a private entrance, 3 bedrooms, 2 full bathrooms, a full kitchen, and in-unit laundry - ideal for rental income or accommodating extended family. Extensive upgrades include new energy-efficient windows and doors, new roof and hot water tank, new electrical panel with EV charger, and a new spacious composite deck. Freshly painted throughout with new interlock stonework, this property impresses from the moment you arrive. Step inside through elegant double doors into an open, smart layout featuring smooth ceilings, new flooring, pot lights, and crown molding throughout. The modern kitchen and renovated bathrooms highlight premium finishes for a truly luxurious feel. Exterior waterproofing and a new trench drain in front of the garage provide extra peace of mind. The new stucco facade enhances curb appeal, paired with refreshed landscaping, lush new sod, and beautifully designed interlocking in both the front and backyard. The entertainer's backyard features a large new deck, built-in brick and stone fireplace, gazebo, and even an outdoor bathroom - perfect for hosting family and friends. Unbeatable location: Steps to Hobart and Godstone Parks, top-rated schools (St. Gerald Catholic and Georges Vanier Secondary), and just minutes to Seneca College, T&T, No Frills, Food Basics, and Fairview Mall. Convenient access to Don Mills subway, North York General Hospital, Oriole and Old Cummer GO Stations, and Highways 401 & 404. This exceptional home offers the perfect balance of luxury, comfort, and convenience. A rare find you won't want to miss! (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
MLS#
C12713144
Area
TORONTO_(DON_VALLEY_VILLAGE)
Negative cash flow ~$2,873/mo at these assumptions

Cash on cash

-11.50%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,524

Financing

Down payment$299,800
Loan amount$1,199,200
Mortgage$7,357/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,249
CapEx reserve$625
Vacancy loss$375

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.

Mortgage estimate

Estimated $7,357/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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