- Bedrooms
- 3+3
- Bathrooms
- 3
- Size
- 1,100–1,500sq ft
- Per sq ft
- $1,038at the range’s middle
- Lot
- 52.06 x 185.14 ft
- Tax a year
- $7,5592026 tax year
- Built
- 51-99
- Parking
- 41 attached
- Days on market
- Members
The brief
About 62 Caines Ave
62 Caines Ave is a 3+3-bedroom, 3-bathroom detached house in Newtonbrook West, Toronto, listed for sale at an asking price of $1,348,800 (MLS® C14098704).
Welcome to 62 Caines Avenue, a fantastic opportunity in a highly sought-after Toronto neighbourhood! Situated on an impressive 52 x 184.8 ft lot and surrounded by million-dollar homes, this property is ideal for investors, builders, renovators, or families looking to create their dream home. The charming 3+3 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future vision. The home also features a separate entrances to a finished basement, offering added flexibility and potential. Property is being sold in "AS IS, WHERE IS" condition. The spacious backyard offers the potential to build a separate guest suite, creating an excellent opportunity for additional rental income or comfortable accommodation for extended family.
Insights
Condition Score
Fair56/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs63/100+$216/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 49 detached homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,559 / 2026
- MLS® number
- C14098704
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 52.06 x 185.14 ft
- Listed on
- Parking
- 1 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Newtonbrook West
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3+3
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Bsmt, 1 × 3pc Bsmt
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 3
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 52.06 ft
- Depth
- 185.14 ft
- Lot Size
- 52.06 x 185.14 ft
Additional
- Foundation
- Not Applicable, Other
- Roof
- Asphalt Rolled
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.75 × 5.49 m | hardwood floor, Bay Window | Main |
| Dining | 2.46 × 3.29 m | hardwood floor, Bay Window | Main |
| Kitchen | 3.1 × 3.96 m | Laminate, Window | Main |
| Primary | 3.32 × 4.5 m | hardwood floor, Closet | Main |
| 2nd Br | 2.77 × 3.11 m | Closet | Main |
| 3rd Br | 3.54 × 2.77 m | hardwood floor, Closet | Main |
| Br | 3.99 × 3.45 m | Broadloom, Closet | Bsmt |
| Living | 2.56 × 4.27 m | — | Bsmt |
Listing history
Buy/sell history for 62 Caines Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,348,800 | N/A | For Sale | C14098704 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $269,760
- Total mortgage amount
- $1,079,040
- Total interest payment
- $767,160
- Total purchase cost
- $2,115,960
- Mortgage payment
- $6,154/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
17%Monthly carrying cost
$6,784- Carrying cost $6,784
- Surplus $216
Rental income opens at $7,000, the median asking rent of 49 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $23,451
- Toronto municipal land transfer tax
- $23,451
- Total land transfer tax
- $46,902
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $38,427
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,348,800
- $18,976
- Ontario total
- $23,451
Toronto’s municipal tax uses the same brackets at this price, so it adds another $23,451.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 9,638 sq ft895 m²
- Street frontage
- 52.06 ft15.9 m
- Depth
- 185.14 ft56.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 20 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 4.6 km4.6 km
- Mapped parcel: about 9,630 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Sanofi Pasteur Limited, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless below 5/1 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rally. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f15.0; a550) (x5)By-law
569-2013Municipality
Toronto1 f15.0
Frontage: at least 15.0 m.
2 a550
Lot area: at least 550 m² per dwelling unit.
3 x5
Site-specific exception 5: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(5)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Cancelled
HVAC - Demolition of existing 1 storey single family detached dwelling and garage. Construction of a new 2 storey single family detached dwelling with an integrated garage.
Issued April 20, 2020
New BuildingCancelled
Demolition of existing 1 storey single family detached dwelling and garage. Construction of a new 2 storey single family detached dwelling with an integrated garage.
Issued May 3, 2018
Building Permit Related (DR)Cancelled
Drain - Demolition of existing 1 storey single family detached dwelling and garage. Construction of a new 2 storey single family detached dwelling with an integrated garage.
Issued May 3, 2018
Building Permit Related(PS)Cancelled
Plumbing - Demolition of existing 1 storey single family detached dwelling and garage. Construction of a new 2 storey single family detached dwelling with an integrated garage.
Issued May 3, 2018
DemolitionCancelled
To demolish the existing dwelling.
Issued May 3, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 4 open development applications within 800 m of this home.
202 DREWRY AVESite planUnder Review
Site Plan Application to permit the development of 45 three-storey townhouse units. The townhomes are proposed to be serviced by a new private road. As part of this application, it is proposed to convey public park space to the City of Toronto.
510 m away202 DREWRY AVEOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment application to lift the hold ('H') to By-law 672-2024.
510 m away172 DREWRY AVESite planUnder Review
Site Plan Application to permit the development of 45 three-storey townhouse units. The townhomes are proposed to be serviced by a new private road. As part of this application, it is proposed to convey public park space to the City of Toronto.
570 m away172 DREWRY AVEOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment application to lift the hold ('H') to By-law 672-2024.
570 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Newtonbrook West right now
- For sale now
- 39
- Median asking price
- $1.98M
- New in 7 days
- 4
- Price cuts
- 13%
Middle half: $1.29M to $2.8M
12 in 28 days
5 listings
This home is asking 32% below the median.
See all homes in Newtonbrook WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 1.5 km |
| Yonge / Steeles | YRT bus rapid transit: Viva Blue | 1.8 km |
| North York Centre Station | TTC subway: Line 1 Yonge-University | 2.5 km |
| Yonge / Clark | YRT bus rapid transit: Viva Blue | 2.6 km |
| Sheppard-Yonge Station | TTC subway: Line 1 Yonge-University, Line 4 Sheppard | 3.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| R J Lang Elementary and Middle SchoolToronto DSB | Public · grades JK–8 | 550 m | 61%Grade 6 average |
| Pleasant Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 550 m | 73%Grade 6 average |
| St Paschal Baylon Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 80%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 4.9 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 750 m | 63%Grade 9 math |
| Drewry Secondary SchoolToronto DSB | Public · grades 9–12 | 1 km | — |
| Newtonbrook Secondary SchoolToronto DSB | Public · grades 9–12 · French Immersion | 1.1 km | 39%Grade 9 math |
| St Elizabeth Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.8 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Newtonbrook West are shown to signed-in members.