96 Caines Avenue, Toronto C07

Price: $1,498,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C13421066

Welcome to 96 Caines Avenue - a fantastic opportunity in a highly sought-after neighbourhood! Situated on an impressive 52 x 187 ft lot, this property is surrounded by multi-million dollar homes, making it ideal for investors, builders, or families looking to create their dream home.The charming 2+1 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future build. The home also features a separate entrance to a finished basement, providing added flexibility and potential income opportunities.Enjoy unbeatable convenience just minutes from Finch Subway Station, Yonge Street shops and restaurants, Yonge & Steeles Plaza, as well as nearby parks, schools, and everyday amenities.Live in, lease out, or build your dream home later, the possibilities are endless on this exceptional lot!

96 Caines Avenue - Detached photo 1 of 6 in Thornhill / Willowdale, Ontario
96 Caines Avenue - Detached photo 2 of 6 in Thornhill / Willowdale, Ontario
96 Caines Avenue - Detached photo 3 of 6 in Thornhill / Willowdale, Ontario
96 Caines Avenue - Detached photo 4 of 6 in Thornhill / Willowdale, Ontario
96 Caines Avenue - Detached photo 5 of 6 in Thornhill / Willowdale, Ontario
96 Caines Avenue - Detached photo 6 of 6 in Thornhill / Willowdale, Ontario
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$1,498,000 - 96 Caines Avenue, Willowdale

Detached for Sale in Willowdale

Neighbourhood: Newtonbrook West

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
C13421066
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
SUTTON GROUP OLD MILL REALTY INC.
Description

Welcome to 96 Caines Avenue - a fantastic opportunity in a highly sought-after neighbourhood! Situated on an impressive 52 x 187 ft lot, this property is surrounded by multi-million dollar homes, making it ideal for investors, builders, or families looking to create their dream home.The charming 2+1 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future build. The home also features a separate entrance to a finished basement, providing added flexibility and potential income opportunities.Enjoy unbeatable convenience just minutes from Finch Subway Station, Yonge Street shops and restaurants, Yonge & Steeles Plaza, as well as nearby parks, schools, and everyday amenities.Live in, lease out, or build your dream home later, the possibilities are endless on this exceptional lot!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,626.16/mo

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5-yr fixed avg.

Principal: $1,198,400Interest: $789,448
Mortgage Amount$1,198,400
Total Interest$789,448
Est. Property Tax$1,061/mo
Total Cost$1,987,848

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: Newtonbrook West

Discover Newtonbrook West

Newtonbrook West 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 Newtonbrook West

  • Convenient location in Thornhill / Willowdale
  • 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

Newtonbrook West 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

96 Caines Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,061
Insurance (est.)-$312
Net Cash Flow+$1,427

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

Premium Pricing

At $2140/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Willowdale 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Newtonbrook West

I know Newtonbrook West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    96 Caines Avenue, Thornhill / Willowdale | $1,498,000 | Battaglia Team