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Investment signal

$899,000

47 BOYCE AVENUE

Beds

6

Baths

2

Sqft

Year

About this home

WOW - step into this charming brick bungalow where style, privacy and endless potential meet. Nestled on a rare oversized 50 x 150 ft corner lot at the end of a peaceful avenue, this home offers exceptional tranquility with no neighbours in front, behind and only one side - yet it's just steps from Kennedy Station for an effortless commute.The main level features three bright, spacious bedrooms, a full bathroom and large windows that flood the home with natural light. The lower level provides flexible living space with three additional bedrooms, a full kitchen and a separate entrance - perfect for extended family or income potential.Outside, a detached garage provides ample storage and parking, while the generous lot invites outdoor entertaining, gardening or future expansion. Whether you're seeking a family home, an investment property or both, this rare Toronto gem delivers. A truly unique opportunity - don't miss it! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
E13014738
Area
TORONTO_(EGLINTON_EAST)
Negative cash flow ~$1,753/mo at these assumptions

Cash on cash

-11.70%

Cap rate

3.55%

GRM

16.6

Break-even rent

$6,345

Financing

Down payment$179,800
Loan amount$719,200
Mortgage$4,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$749
CapEx reserve$375
Vacancy loss$225

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 $4,412/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 17, 2026.

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