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Investment signal

$899,000

47 BOYCE AVENUE

Beds

Baths

Sqft

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Year

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Location

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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
Structure: House
Community: Eglinton East
Common interest: Freehold
Lot dimensions: 50 x 150 FT
Bedrooms: 3 above grade, 3 below grade
Parking: 4 total
Stories: 1
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $4,042
Photos: 29
MLS#: E13014738
Area: TORONTO_(EGLINTON_EAST)

Features and systems

Parking

Detached GarageGarage

Basement

Apartment in basementN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Tile

Foundation

BlockConcrete

Negative cash flow ~$1,753/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

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.

Lifestyle nearby

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

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.