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95 STEELES AVENUE E, Toronto (Newtonbrook East) — listed at $1,508,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to registered multiplex 95 Steeles Ave E, Lots of opportunities, Investment property, Minimum Income of $8200 per month, Can be used as commercial/business in comply with Zoning by-law. This investment property features 4 self-contained units (two 2-bedroom and two 1-bedroom units) and 6 parking spaces. An excellent opportunity for an investor, owner-occupier, or professional looking for a property with multiple income streams and potential for a home-based or professional office use, offering potential positive cash flow and an attractive investment profile. Prime location on a major arterial road with excellent visibility and accessibility. Steps to the future Yonge/Steeles Subway Station, and close to Centerpoint Mall, grocery stores, restaurants, schools, public transit and other amenities. Recent upgrades include mostly new kitchen appliances, A/C (2023), heat pumps (2026), south roof section (2025), and north roof section (2020). Perfect for home office, rental/investment, health professional office, daycare and other permitted uses. (id:60164)
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,775, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Newtonbrook East) before counting on it.
Is 95 STEELES AVENUE E a good fit for a growing family?+
With 6 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office.
What makes this a luxury property?+
At $1,508,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
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