255 Codsell Avenue, Toronto C06

Price: $1,180,000

7 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C12520758

Bungalow Located Conveniently At Sheppard And Wilson Heights. A Charming Neighbourhood, Close To All Amenities- Shopping, Public Transit, Schools Etc. Great Potential To Rent Both Upper & Lower Floors Together And Separately. Move In And Enjoy! Condition.

255 Codsell Avenue - Detached photo 1 of 1 in North York (Bathurst Manor / Clanton Park), Ontario
active
1/1

$1,180,000 - 255 Codsell Avenue, North York

Detached for Sale in North York

160 days on market
7Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C12520758
Property Type
Detached
Status
active
Days on Site
160
Bedrooms
7
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Lot Size
4,767 sqft
Listing Brokerage
REAL ONE REALTY INC.
Description

Bungalow Located Conveniently At Sheppard And Wilson Heights. A Charming Neighbourhood, Close To All Amenities- Shopping, Public Transit, Schools Etc. Great Potential To Rent Both Upper & Lower Floors Together And Separately. Move In And Enjoy! Condition.

Mortgage Calculator

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Estimated Payment

$5,219.54/mo

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5-yr fixed avg.

Principal: $944,000Interest: $621,861
Mortgage Amount$944,000
Total Interest$621,861
Est. Property Tax$836/mo
Total Cost$1,565,861

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: North York (Bathurst Manor / Clanton Park)

Discover North York (Bathurst Manor / Clanton Park)

North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in North York (Bathurst Manor / Clanton Park)

  • Convenient location in North York (Bathurst Manor / Clanton Park)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

255 Codsell Avenue, North York (Bathurst Manor / Clanton Park)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$3,318

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1073/sqft, this property is priced in line with current North York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for North York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in North York are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in North York.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    255 Codsell Avenue | $1,180,000 | Battaglia Team