Listed for:Listed 9 days ago
$1,549,000

185 Castlefield Avenue

Toronto (Yonge-Eglinton), ON M4R 1G6

Multiplex For Sale
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Sale & Price History for 185 Castlefield Avenue, Toronto, Yonge-Eglinton

No listing history available

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About 185 Castlefield Avenue, Toronto, Yonge-Eglinton

Summarized Description

  • Turnkey duplex with income potential.
  • Ideal for multigenerational living.
  • Projected rental income of $8500/month.
  • Open-concept design with modern kitchen.
  • Private decks with skyline views.
  • Close to top-rated schools and amenities.
  • Meticulously maintained and move-in ready.
  • Flexible layout for various living needs.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,740
Land Transfer Tax Fee
$54,910

Rental Items

Rental Equipment
1 HWT is rented for $24/mnth

Basement Type
Apartment, Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Auto Garage Door Remote, Carpet Free, Separate Heating Controls, Water Heater
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
24.77 ft
Lot Depth
133.78 ft
Lot Size
24.77 x 133.78 Feet
Lot Size Code
24.77 x 133.78 Feet

Inclusions

Inclusions
Wonderful main floor tenant month to month & happy to stay on-$2, 450/month plus hydro, parking not included. 200 amp service, 3 Separate meters, 3 fridges, 3 stoves, 3 dishwashers, 3 washers/ dryers. 2 HWT owned, 2nd/3rd floor ductless air conditioning unit, 2 Wood burning Fireplaces, and all electric light fixtures belonging to Seller. Roof 2011. Utilities 2025-1, 085.00/yr. Hydro 2025 approx $6600/yr. Double garage with 2 additional parking spots. Laneway at rear allows for Garden/Laneway Suite. The Seller and Listing Brokerage do not warrant the retrofit status of the basement apartment.

Exclusions

Exclusions
All lighting fixtures and window coverings belonging to tenant.

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3 + 1
Washrooms
4
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Dining Room4.60 x 4.34
    Second level, Hardwood Floor, Juliette Balcony, Combined w/Living
  • Kitchen3.33 x 3.00
    Second level, Hardwood Floor, Breakfast Bar, Open Concept
  • Dining Room2.64 x 1.88
    Main level, Hardwood Floor, Combined w/Living, Juliette Balcony
  • Living Room4.19 x 4.04
    Lower level, Hardwood Floor, Open Concept, Combined w/Dining
  • Bedroom5.21 x 4.32
    Main level, Hardwood Floor, W/O To Deck, His and Hers Closets
  • Living Room4.27 x 3.25
    Main level, Hardwood Floor, Fireplace, Combined w/Dining
  • Bedroom 24.57 x 4.39
    Second level, Hardwood Floor, W/O To Deck, His and Hers Closets
  • Bedroom 35.82 x 4.39
    Third level, Broadloom, 3 Pc Ensuite, B/I Closet
  • Kitchen3.30 x 2.26
    Main level, Tile Floor, Open Concept, Overlooks Living
  • Den4.19 x 4.19
    Third level, Broadloom, Pass Through, Skylight
  • Living Room6.53 x 4.39
    Second level, Hardwood Floor, Fireplace, Vaulted Ceiling(s)
  • Kitchen3.18 x 2.24
    Lower level, Tile Floor, Open Concept, Overlooks Living
  • Bedroom 4—
    Lower level, Broadloom, His and Hers Closets, Above Grade Window

Washrooms

  • 4-piece, Second
  • 3-piece, Upper
  • 4-piece, Main
  • 4-piece, Basement

Area
Toronto C03
Municipality
Toronto
Neighbourhood
Yonge-Eglinton
Main cross streets
Avenue / Castlefield
Zoning
Triplex
Directions
Yonge & Eglinton

MLS® number
C14032112
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-16
Days on market
9 days
Possession date
2026-10-30
Possession type
Immediate
Co-op commission
3.5%
Seller
Listed by
RE/MAX ULTIMATE REALTY INC.

Home Market Value

Current home valuation for 185 Castlefield Avenue, Toronto, Yonge-Eglinton, Toronto, ON. Listed for $1,549,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 185 Castlefield Avenue, Toronto, Yonge-Eglinton

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Land Transfer Tax

Provincial

$27,455

Municipal (Toronto)

$27,455

Total Land Transfer Tax

$54,910

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