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New3 hours ago

87 Rhodes Avenue

Greenwood-Coxwell, Toronto

$1,579,000

Detached|1 1/2 Storey
3 | 3 | 2
About this home

One property, multiple possibilities...welcome to 87 Rhodes Avenue, a fully renovated detached home with exceptional versatility and income potential. The main and upper levels offer 3 bedrooms and 2 full bathrooms. A bright 2-bedroom lower-level suite has its own kitchen, full bathroom, laundry, two walkouts and separate hydro meter, offering income potential, space for a growing family or multi-generational living. High ceilings, large windows, pot lights and updated flooring throughout. Two decks, including an upper deck for watching stars and fireworks, overlook a deep 32 x 110 ft. lot with private parking for two via mutual drive and potential for a ~1,300 sq. ft. garden suite. Updates include an owned combi boiler with tankless hot water (2025), waterproofing with a 20-year transferable warranty and a fully fenced yard (2024). Rhodes is a close-knit street where Halloween on front porches is a tradition. Walk to Lake Inez, Godspeed and Left Field, parks, the beach, shops and transit, with a quick route downtown. Explore Leslieville, The Beaches and Ashbridges Bay.

Extras

No extras listed.

Visit this home

Open houses

  • Thu, Oct 22

    6:00 PM – 8:00 PM

  • Sat, Oct 24

    2:00 PM – 4:00 PM

  • Sun, Oct 25

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,323
Lot Size32 ft x 110 ft
mls© NumberE14084008
Listed ByRE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

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%
$8,082
Property tax
$527
Heat allowance
$150
Housing costs
$8,759 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $315,800
25-yr amortization

Income needed

$270,000

gross annual household income

Payment at 4%
$6,645 / mo
Cash down
$315,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

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