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185 CASTLEFIELD AVENUE, Toronto (Yonge-Eglinton) — listed at $1,549,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
TURNKEY opportunity in Midtown Toronto. Spectacular purpose built Duplex w Legal BSMT Apt offering exceptional versatility for multigenerational living, extended family, or seeking a primary residence with added rental units. Owners occupy Bsmt & 2nd flr vacating on closing. Projected income $8500/mnth. Laneway access for potential Laneway Suite. Toronto living at its finest-walkable, well-connected, surrounded by some of the most desirable top-rated PUBLIC, PRIV & CHS Schools including, Allenby, Glenview, North Toronto CI, Bishop Allen Academy, St. Clement's, Havergal College & Marshall Mcluhan The Green Spaces - Eglinton Park, Lytton Sunken Gardens, just steps away from the multi-use North Toronto Memorial Community Centre. Yonge Street shops, restaurants, cafes, subway & the Crosstown LRT, offer an active lifestyle making it appealing to tenants, families, & investors alike. The inviting main flr features bright, open-concept layout with a modern kitchen, spacious living/dining areas & cozy wood burning fireplace. The upper-level suite with soaring bi-level ceilings paired with a cozy loft retreat create a dramatic architectural feature maximizing space & natural light. Each have access to a private spacious wooden deck, perfect for morning coffee, entertaining, or relaxing among the trees, while the loft showcases unobstructed skyline views. All units thoughtfully designed with each offering its own ensuite laundry & separately metered for hydro with quiet, electric baseboard heating paired in the primary suite with wall-mounted A/C for efficient, localized control. This Meticulously maintained, move-in ready home blends comfort, character & functionality - a rare chance to secure a high-quality, income-generating asset with strong upside for investors & end-users alike. Some homes simply check the boxes. Rarely does a property offer this combination of character, flexibility, scale & future potential. A home with room to live, grow & create your next chapter. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 9.02 x 4.2 meters |
| Kitchen | Lower level | 6.25 x 3.1 meters |
| Living room | Lower level | 6.25 x 3.1 meters |
| Bedroom 4 | Lower level | 5.11 x 3.61 meters |
| Living room | Main level | 9.02 x 4.2 meters |
| Dining room | Main level | 9.02 x 4.2 meters |
| Bedroom | Main level | 5.21 x 4.32 meters |
| Kitchen | Second level | 9.02 x 4.34 meters |
| Living room | Second level | 9.02 x 4.34 meters |
| Dining room | Second level | 9.02 x 4.34 meters |
| Bedroom 2 | Second level | 4.19 x 3.53 meters |
| Bedroom 3 | Third level | 5.49 x 4.27 meters |
| Den | Third level | 4.52 x 4.27 meters |
Is there air conditioning?+
Yes — wall unit cooling is in place.
Is 185 CASTLEFIELD AVENUE a good fit for a growing family?+
With 4 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,549,000, standout features include 4 bathrooms, 2 fireplaces. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,739.67, heating is baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
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.
How many fireplaces are there, and what type?+
This home has 2 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
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