$1,498,000Asking Price
423 Connaught Avenue, Toronto C07, ON M2R 2M4
Newtonbrook, Toronto
Rare Opportunity To Own A Renovated Residence In A Prestigious, High-Demand Neighbourhood Surrounded By Multi-Million Dollar Homes Nestled On A Premium 50 X 130 Ft Lot On The South Side Of Connaught Ave. Exceptional Location Steps To Transit, Subway, Centrepoint Mall, Fine Dining, And Everyday Amenities. Approx 2,500 Sqft Of Above-Grade Living Space + 1,200 Sqft Finished Basement. Thoughtfully Redesigned With Premium Finishes Throughout Featuring *** 3 Self-Contained Units *** With Separate Entrances *** Main Level: Elegant Open-Concept Living/Dining, Designer Eat-In Kitchen, 3 Bedrooms, 3 Washrooms, And Private Laundry. *** Walk-Out Level: Sun-Filled Space With Floor-To-Ceiling Windows, Modern Kitchen, 3-Piece Bath, And Renovated Bedroom With Above-Grade Window *** Lower Level: Spacious Suite With Large Living/Dining Area, 1 Bedroom, And 2 Washrooms (2-Pc & 3-Pc). Double Car Garage + Driveway Parking For Up To 6 Cars. Extensive Renovation With Significant Investment. Ideal For End-Users, Multi-Generational Living, Or Investors. Strong Income Potential Of Approx. $7,500/Month With 6%+ Cap Rate. ***OFFER ANYTIME***
Rare Opportunity To Own A Renovated Residence In A Prestigious, High-Demand Neighbourhood Surrounded By Multi-Million Dollar Homes Nestled On A Premium 50 X 130 Ft Lot On The South Side Of Connaught Ave. Exceptional Location Steps To Transit, Subway, Centrepoint Mall, Fine Dining, And Everyday Amenities. Approx 2,500 Sqft Of Above-Grade Living Space + 1,200 Sqft Finished Basement. Thoughtfully Redesigned With Premium Finishes Throughout Featuring *** 3 Self-Contained Units *** With Separate Entrances *** Main Level: Elegant Open-Concept Living/Dining, Designer Eat-In Kitchen, 3 Bedrooms, 3 Washrooms, And Private Laundry. *** Walk-Out Level: Sun-Filled Space With Floor-To-Ceiling Windows, Modern Kitchen, 3-Piece Bath, And Renovated Bedroom With Above-Grade Window *** Lower Level: Spacious Suite With Large Living/Dining Area, 1 Bedroom, And 2 Washrooms (2-Pc & 3-Pc). Double Car Garage + Driveway Parking For Up To 6 Cars. Extensive Renovation With Significant Investment. Ideal For End-Users, Multi-Generational Living, Or Investors. Strong Income Potential Of Approx. $7,500/Month With 6%+ Cap Rate. ***OFFER ANYTIME***
See MoreKey Info
- Backsplit Detached
- 4-Car Driveway
- 2-Car Attached Garage
- Steeles & Yonge/Bathurst
- 2000-2500 Approximate Sq Feet
- Finished Basement
- 3 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50 x 130 Feet
- Brick Exterior
- Taxes were $7,518 in 2025
- Possession: TBD
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #C12922026
- HOUSESIGMA INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 16.17' x 11.88' | Renovated, Eat-in Kitchen, Pot Lights |
| 2 | Kitchen | Ground | 6.76' x 6.59' | Renovated, Open Concept, Walkout To Yard |
 | 2 3-Piece Bathrooms | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
56%
of residents are
university grads.
56% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$111K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Government | 8% |
| Sciences | 7% |
| Management | 7% |
Immigrants
66%
of residents were
born outside of Canada.
66% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
11.2% from Philippines
All-time
Birthplace - Recent
3.9% from Philippines
Recent
Foreign Languages
Foreign Languages
| Persian | 11% |
| Korean | 9% |
| Tagalog | 8% |
| Russian | 7% |
| Mandarin | 7% |
Religions
Religions
| Christian | 52% |
| Muslim | 12% |
| Jewish | 7% |
| Buddhist | 3% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
