


352 Caledonia Road
Caledonia-Fairbank, Toronto
$1,599,999
Excellent investment opportunity at 352 Caledonia Rd in Toronto, offering a well-maintained 5 unit property with strong existing rental income and additional potential. The property features two spacious 3-bedroom units and two 1-bedroom units, plus a finished basement apartment providing additional contributing value. The two 3-bedroom units have reported rents of $2,550 per month each, all-inclusive. One 1-bedroom unit is currently owner occupied with market rent of approximately $1,800 per month, while the other 1-bedroom unit is rented at $2,000 per month, all-inclusive. Buyers to satisfy themselves regarding its retrofit and legal status.Offering excellent flexibility for investors, multi-generational families, or buyers looking to occupy one unit while benefiting from rental income from the others. Convenient Toronto location with easy access to transit, shopping, schools, parks, major roadways and everyday amenities. A rare opportunity to acquire an income-producing property with multiple units and long-term investment potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $6,568 |
| Lot Size | 23.92 ft x 127 ft |
| mls© Number | W13679712 |
| Listed By | CENTURY 21 PERCY FULTON LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,087
- Property tax
- $547
- Heat allowance
- $150
- Housing costs
- $8,784 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$270,000
gross annual household income
- Payment at 4%
- $6,649 / mo
- Cash down
- $336,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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