1061 Bathurst Street, Toronto, ON

Annex, Toronto · MLS® C13215336

$2,049,888
For Sale
Listed 55 days ago
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4Bedrooms
4Bathrooms
3Garage
2500-3000Sq Ft

About this home

An Incredible Investment Opportunity In The Heart Of Toronto! Built In 1986, This 4-Unit Detached Property Is Ideally Located Near Everything Tenants Love Restaurants, Top Schools Such As Palmerston P.S., Hillcrest P.S., The University Of Toronto, And George Brown College, As Well As Beautiful Parks Like Vermont Square And Christie Pits. Convenient Access To Public Transit, Including The Bloor And Dupont Subway Lines, Makes This Location Unbeatable. Tenants Pay Their Own Hydro, And The Property Includes 3 Parking Spaces For Personal Use Or Visitors. Each Of The 4 Modernized Units Features Private Entrances With Both Interior And Exterior Access Including A Covered Side Entry For Added Convenience And Protection. This Property Generates Steady Income In A Highly Sought-After Rental Market, With Plenty Of Potential For Future Growth. A Rare Find In Todays Market, It's Ideal For Savvy Investors Or Families Seeking Flexibility And Value In A Fantastic Neighbourhood. Don't Miss Your Chance To Own A Versatile, Income-Generating Property In One Of Toronto's Most Desirable Areas! Roof (Summer 2025)

Key facts

Property type
Other, 3-Storey
MLS®
C13215336
Bedrooms
4 (3 + 1)
Bathrooms
4
Size
2500-3000
Lot
26.43 × 100.04 ft
Cross streets
Between Bloor And Dupont
Parking
3 garage (carport)
Driveway
Available, Mutual, Reserved/Assigned, Private, Private Triple
Basement
Apartment, Separate Entrance
Kitchens
4 (3 + 1)
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick, Metal/Steel Siding
Foundation
Concrete Block
Roof
Asphalt Rolled, Flat, Membrane, Rolled
Sewer
Sewer
Property tax
$8,980 / 2026
Days on market
55
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomSecond3.10 × 2.80 m

Closet

Primary BedroomLower3.20 × 4.00 m

w/o to yard · laminate · window

KitchenLower1.80 × 2.40 m

Ceramic Floor

KitchenThird3.25 × 4.70 m

w/o to deck · b/i dishwasher

KitchenSecond6.40 × 4.10 m

east view · w/o to deck

Living RoomThird7.30 × 4.08 m

bay window · open concept

Primary BedroomThird3.55 × 2.87 m

east view · window

Living RoomSecond6.00 × 4.00 m

laminate · open concept · bay window

Living RoomLower8.30 × 4.00 m

open concept · laminate · large window

Our TakeTeam Asgarian · Broker
Below comparables
$2.49Mest. value

Listed at $2,049,888, and my independent estimate is about 18% below comparable homes, worth a close look.

In Annex lately, sellers get about 97% of asking; homes sell in ~31 days.

List price
$2.05MGreat deal$3.06MOverpriced

Total price vs nearby homes. Fair value about $2.49M, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.01M, a bit lower.

Schools & getting aroundcatchment and transit

The assigned public school is Palmerston Avenue Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Annex, so I widened the search to the surrounding area.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Annex · asking prices
$3.53Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

359 Dupont Street$2.20M32 Bernard Avenue$3.10M133 Pears Avenue$3.78M25 Boswell Avenue$4.39M1052 Bathurst Street$4.20M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.05MThis home2.20M3.10M3.78M4.39M4.20MThis home vs active comparables
Live market pulseActive comparables in Annex · median list $2.30M
$745this home / sqft
30active listings nearby
55days on market
99sold nearby · 90 days
$940Kmedian sold price
97%of asking, on average

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Annex, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$860K
Church-Yonge Corridor
$611K
Niagara
$699K
Waterfront Communities C1
$593K
Moss Park
$490K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Palmerston Avenue Junior Public School
80%
Palmerston Avenue Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 80% meet the provincial standard
St. BrunoEQAO results not published

Affordability & Mortgage

Affordability
$9,343/mo
$382KIncome needed
5.4×Price ÷ income
$2,156Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $9,343Property tax $748Total carry $10,091

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,751per month

Mortgage amount $1,639,910 · 4.14% over 25 years

$409,978Down payment (20.0%)
$1,639,910Loan before insurance
$0CMHC premium
$9,500Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,751
Property tax
$748
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,500

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$37,722
Toronto municipal land transfer tax
$37,722
Estimated closing costs
$75,444

Plus your down payment of $409,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,629/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$985,441Total interest paid
$2,625,351Total of all payments
Principal $1,639,910 Interest $985,441
YearPrincipalInterestBalance
1$38,417$66,597$1,601,493
2$40,024$64,990$1,561,469
3$41,699$63,316$1,519,770
4$43,443$61,571$1,476,327
5$45,260$59,754$1,431,067
6$47,153$57,861$1,383,914
7$49,125$55,889$1,334,789
8$51,180$53,834$1,283,609
9$53,321$51,693$1,230,288
10$55,551$49,463$1,174,736
11$57,875$47,139$1,116,862
12$60,296$44,718$1,056,566
13$62,818$42,196$993,748
14$65,445$39,569$928,302
15$68,183$36,831$860,119
16$71,035$33,979$789,085
17$74,006$31,008$715,078
18$77,102$27,912$637,977
19$80,327$24,687$557,650
20$83,687$21,327$473,963
21$87,187$17,827$386,776
22$90,834$14,180$295,942
23$94,634$10,380$201,308
24$98,592$6,422$102,716
25$102,716$2,298$0

At the end of your 5-year term

Total paid over the term
$525,070
Principal paid down
$208,843
Interest paid
$316,227
Balance remaining
$1,431,067

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.2%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.1%
Gross yield
− Property tax $8,980− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,690

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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