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Investment signal

$1,069,000

59 JOSEPH STREET

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Beds

4

Baths

3 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 (Weston). 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 59 Joseph St, nestled in the heart of historic Weston Village, set on an extremely rare 50 x 144 ft lot. Enjoy the best of both worlds with a family-friendly neighbourhood and exceptional convenience-just steps to Elm Park, a short drive to Scarlett Woods Golf Course, and easy access to TTC, UP Express, Highways 400 & 401.This versatile home is perfect for families, first-time buyers, and investors alike, offering excellent income potential with a separate basement apartment. The main level features a convenient primary bedroom, a cozy living room with a gas fireplace, hardwood floors on main and 2nd floor, and an upgraded kitchen overlooking a fully fenced, expansive backyard-ideal for entertaining or relaxing.Upstairs offers additional well-sized bedrooms, while the lower level includes a self-contained basement apartment with a full kitchen with additional built in storage, full bath, separate entrance, and private laundry. Currently leased on a month-to-month basis, it's a great opportunity to supplement your mortgage or generate steady rental income.Additional highlights include a private 3-car driveway with attached garage, potential laneway parking at the rear, and key upgrades such as waterproofing and backflow prevention for added peace of mind. (id:65958)

Subtype
Single Family
Structure
House
Community
Weston
Common interest
Freehold
Lot dimensions
50.5 x 144.5 FT
Bedrooms
3 above grade, 1 below grade
Parking
4 total
Stories
1.5
Fireplace
Yes
On market
Apr 13, 2026
Status changed
Apr 27, 2026
Annual tax
$4,034 (2025)
Photos
50
MLS#
W12991296
Area
TORONTO_(WESTON)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedCrawl spaceApartment in basementSeparate entranceWalk outN/AN/AN/A

Heating

Heat PumpElectric

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Flooring

HardwoodVinyl

Foundation

Block

Lot

Lane
Negative cash flow ~$1,157/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$6,568

Financing

Down payment$213,800
Loan amount$855,200
Mortgage$4,333/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$490
Insurance$80
Maintenance$891
CapEx reserve$445
Vacancy loss$268

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 $4,333/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 27, 2026.

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