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O'Connor-Parkview, Toronto
$958,000
Welcome to 58 Joanith Road, a turnkey legal two-unit dwelling in the heart of East York's growing community. Thoughtfully renovated with PERMITS and designed for both style and functionality, this charming bungalow offers an exceptional opportunity for homeowners, multi-generational families, and investors alike. Step inside to discover a bright, open-concept interior that makes excellent use of every square foot. The main floor features impressive 10-foot ceilings, while the underpinned basement offers comfortable 8-foot ceilings. Nearly every major component of the home has been updated, including the 200-amp electrical service, HVAC systems, ductwork, roof, plumbing, and more. Additional improvements include a new 1-inch extended water line to the backyard-ideal for a future GARDEN SUITE -along with a sump pump, backflow valve, and interior waterproofing backed by a 25-year warranty. The legal two-unit dwelling provides excellent income potential, whether you choose to live in one unit and rent the other or maximize the property's rental possibilities. Outside, enjoy two-car parking and a spacious backyard enclosed by a new fence. Located in a sought-after and rapidly growing East York neighbourhood, this move-in-ready property offers the perfect blend of modern upgrades, versatile living space, and future potential. No need to get your hands dirty-this exceptional turnkey home is ready to go. A must-see!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,236 |
| Lot Size | 30 ft x 105 ft |
| mls© Number | E13774756 |
| Listed By | CULTURELINK REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,903
- Property tax
- $353
- Heat allowance
- $150
- Housing costs
- $5,406 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$166,000
gross annual household income
- Payment at 4%
- $4,031 / mo
- Cash down
- $191,600
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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