62 Caines Ave Toronto near Yonge/Drewry | Single Car Garage Detached home for sale

Description

Welcome to 62 Caines Avenue, a fantastic opportunity in a highly sought-after Toronto neighbourhood! Situated on an impressive 52 x 184.8 ft lot and surrounded by million-dollar homes, this property is ideal for investors, builders, renovators, or families looking to create their dream home. The charming 3+3 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future vision. The home also features a separate entrances to a finished basement, offering added flexibility and potential. Property is being sold in "AS IS, WHERE IS" condition. The spacious backyard offers the potential to build a separate guest suite, creating an excellent opportunity for additional rental income or comfortable accommodation for extended family.

Features

Facing: North
Bedrooms: 3
Bathrooms: 3
Garages: 1
Kitchens: 1

Details

Lot size: 52.06 x 185.14 Feet
Space: 1100-1500
Tax: $ 7558.71
C14098704
Listing contracted with: RE/MAX REALTRON REALTY INC.

Room	Size(M)	Description
Living Rm	5.49x3.75	Hardwood Floor, Bay Window
Dining Rm	3.29x2.46	Hardwood Floor, Bay Window
Kitchen	3.96x3.10	Laminate, Window
Primary B	4.50x3.32	Hardwood Floor, Closet
2nd Br	3.11x2.77	, Closet
3rd Br	2.77x3.54	Hardwood Floor, Closet
Br	3.45x3.99	Broadloom, Closet
Living Rm	4.27x2.56

Bathroom	Pieces	Level
1xBath	4 pcs	Flat
1xBath	3 pcs	Basement
1xBath	3 pcs	Basement

Property Summary

Located close to the intersection of Yonge and Drewry, 62 Caines Ave is a 3+3 bedrooms 3 washrooms Detached. The unit has a Single Attached Parking Space. The property basement is Separate Ent Walk-Up. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, Kitchen, Primary B, second bedroom and third bedroom are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 6.1% compared with the same period last year.

Rent levels have decreased 6.1% compared with the same period last year.

Recent Comparable Value Range

$940,000 – $1,280,000

Recent 6-Month Rent Range

$2,700 – $3,350/month

How This Home Compares

Market Temperature

Seller's Market

Strong SellerSellerBalancedBuyerStrong Buyer

Inventory conditions currently favour sellers of similar homes.

Typical Selling Time

23 Days

Similar homes are selling in about 23 days, faster than the same period last year.

Price Position

21.7% Higher

The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with housing made up primarily of detached homes. Approximately 60% of residents hold a bachelor's degree or higher, while about 15% have a college credential. The large majority of local commuters travel by car.

School Information

Elementary Schools
R J Lang Elementary and Middle School (Grade: JK - 8) | School Boundary

Home school

Distance to school: 0.5 km (~9 min walk)
ST CYRIL (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 1.6 km (~28 min walk)
ST PASCHAL BAYLON (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 0.8 km (~14 min walk)
ST MARGARET (Grade: 5 - 8)

Catholic French Immersion school

Rank: 687 out of 3022 (Score: 7.3)

Distance to school: 5.5 km (~16 min drive)
Secondary Schools
Newtonbrook Secondary School (Grade: 9 - 12) | School Boundary

French Immersion school

Rank: 345/746 (Score: 6.2) 5 year average: 562/746 (Score: 4.4)

Distance to school: 1.1 km (~20 min walk)
Cardinal Carter-Arts (Grade: 9-12)

Catholic School

Distance to school: 3.0 km (~9 min drive)
Brebeuf (Grade: 9-12)

Catholic AP program school

Rank: 323/746 (Score: 6.3) 5 year average: 372/746 (Score: 5.9)

Distance to school: 3.0 km (~9 min drive)

Location

Community Overview

62 Caines Ave is at the Heart of Newtonbrook West Community. The community of Newtonbrook West runs from Yonge Street Road on the East to Finch Avenue in the south, Bathurst Street on the West, and Steeles Avenue in the north. Newtonbrook West is a highly diversified community; the mother tone of around 71% of residents is not in English. There are also many rental Apartments and social housing located close to Bathurst Street near Bathurst Lawn Memorial Park. In past 3 months, 18 Detached homes were sold at average of $1.64M. The area is also sometimes referred to as Little Moscow. In 62 Caines Ave neighbourhood, you will find many residents are Italian, Chinese, Ukrainian, Iranian, and Russian. Around 43% of residents travel by public transit, higher than Toronto's average. Hendon Park, Moore Park, Lissom Park, and Ancona Park offer kids' playgrounds, baseball diamonds, and tennis courts. Centerpoint Mall is located in the community's Northeast corner, with over a hundred stores, including Hudson Bays, No Frills, Beer Store, Tim Horton, Canadian Tire, Canada Computers & Electronics, numerous restaurants and banks, and telecom stores. Newtonbrook west is a highly diversified community with convenient public transit and plenty of shopping and restaurants. From entry-level condo apartments to much more expensive multi-million luxurious houses, buyers will have the opportunity to find dream homes in this community.