Homewood Avenue
300 m Away2016
Sign In To See The Price62 Caines Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C14098704
$1,348,800
For SaleListed 23 Days Ago
3+3BedroomsBeds
3BathroomsBaths
1Garage · 4 Parking
4Parking
1100-1500Sq ft
Listed By RE/MAX Realtron Realty Inc.
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Key Facts
- Property type
- Detached, Bungalow
- Lot
- 52.06 × 185.14 ft
- Basement
- Separate Entrance, Walk-Up, Finished
- Parking
- 1 garage · 4 parking (attached)
- Property tax
- $7,559 / 2026
- Offer date
- None stated
- Cross streets
- Yonge/Drewry
- Days on market
- 23
All Facts And 8 Rooms, Floor By Floor
- Property type
- Detached, Bungalow
- MLS®
- C14098704
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 52.06 × 185.14 ft
- Cross streets
- Yonge/Drewry
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Available
- Basement
- Separate Entrance, Walk-Up, Finished
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Not Applicable, Other
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $7,559 / 2026
- Days on market
- 23
- Offer date
- None stated
- Listing brokerage
- RE/MAX Realtron Realty Inc.
Living RoomBasement4.27 × 2.56 m
KitchenMain3.96 × 3.10 m
laminate · window
Bedroom 2Main3.11 × 2.77 m
Closet
Dining RoomMain3.29 × 2.46 m
hardwood floor · bay window
BedroomBasement3.45 × 3.99 m
broadloom · closet
Living RoomMain5.49 × 3.75 m
hardwood floor · bay window
Primary BedroomMain4.50 × 3.32 m
hardwood floor · closet
Bedroom 3Main2.77 × 3.54 m
hardwood floor · closet
About This Home
From The Listing Description By RE/MAX Realtron Realty Inc.
In short
- Welcome to 62 Caines Avenue, a fantastic opportunity in a highly sought-after Toronto neighbourhood.
- Situated on an impressive 52 x 184.8 ft lot and surrounded by million-dollar homes, this property is ideal for investors, builders, renovators, or families looking to...
- The home also features a separate entrances to a finished basement, offering added flexibility and potential.
- Property is being sold in "AS IS, WHERE IS" condition.
- The spacious backyard offers the potential to build a separate guest suite, creating an excellent opportunity for additional rental income or comfortable...
Read The Full Description
Welcome to 62 Caines Avenue, a fantastic opportunity in a highly sought-after Toronto neighbourhood! Situated on an impressive 52 x 184.8 ft lot and surrounded by million-dollar homes, this property is ideal for investors, builders, renovators, or families looking to create their dream home. The charming 3+3 bedroom bungalow offers a bright and functional layout, perfect for living in or renting out while planning your future vision. The home also features a separate entrances to a finished basement, offering added flexibility and potential. Property is being sold in "AS IS, WHERE IS" condition. The spacious backyard offers the potential to build a separate guest suite, creating an excellent opportunity for additional rental income or comfortable accommodation for extended family.
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A discount is likely
$1.28Mlikely sale price
Listed at $1,348,800. Going by how homes in Newtonbrook West and across Toronto have actually closed against their asking prices (about 96%, blended from 17 local closings in 90 days), the likely sale price is near $1.28M, if it sells. It has been listed 23 days, and homes on the market that long have closed lower against their asking prices, which this figure allows for. A realistic range is $1.21M to $1.34M.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
List price
$1.21MBelow recent closings$1.35MAbove recent closings
Total price vs nearby homes. Likely closing about $1.28M, from 17 recent closings in this pocket.
The market behind the math, in Newtonbrook West
17sold nearby · 90 days
$1.30Mmedian detached sold · 90 days
95%of asking, local average
~20 dayshomes like this take to sell
23days on market so far
$3,082/moest. rent · 7 leases
2.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market
About 3.9 months of inventory: 22 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $1,038/sqft against an area asking average of $782/sqft.
- Separate-entrance basement apartment features. A finished 3 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook West: 47 of the 196 detached leases here lately were basement units, around $1,795 a month. That points to potential income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is R J Lang Elementary and Middle 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 Newtonbrook West, so I widened the search to the surrounding area.
Based on 17 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Newtonbrook West: $1.41M in October 2026, up 25% from a year ago, on 74 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.10M | 7 |
| December 2025 | $1.19M | 5 |
| March 2026 | $1.02M | 5 |
| April 2026 | $1.20M | 10 |
| May 2026 | $1.20M | 14 |
| June 2026 | $1.20M | 10 |
| July 2026 | $1.13M | 7 |
| August 2026 | $1.68M | 7 |
| October 2026 | $1.41M | 9 |
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 1 km of Caines Avenue. Signed-in members see each price, verified against board records.
Pleasant Avenue
550 m Away2018
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Green Bush Road
1000 m Away2026
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Lissom Crescent
900 m Away2020
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Drewry Avenue
400 m Away2017
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Finch Avenue West
950 m Away2026
Sign In To See The PriceOther Homes For Sale In Newtonbrook West
For sale in Newtonbrook West now · asking prices
How This Price Compares
$1.31Mavg asking
Every home like this one for sale in Newtonbrook West right now. These are asking prices, not sales.
90 Peckham Avenue $505/sqft$1.39M152 Hilda Avenue $617/sqft$1.39M37 Tefley Road $737/sqft$1.29M333 Pleasant Avenue $737/sqft$1.29M99 Grantbrook Street $436/sqft$1.20M
Per square foot, these ask about $606/sqft; this home lists at $1,038/sqft.
The 5 closest in price of 26 for sale in Newtonbrook West.
See all comparable homesNeighbourhood & Location
Newtonbrook West, Toronto, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
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.
60%
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Pleasant Public School · Public elementary0.6 km · 58% at standard
North West Secondary Alternative School · Public secondary0.6 km
Fisherville Senior Public School · Public elementary0.7 km
St Antoine Daniel Catholic School · Catholic elementary0.9 km · 58% at standard
Drewry Secondary School · Public secondary1.0 km
Newtonbrook Secondary School · Public secondary1.1 km · 68% at standard
Yorkview Public School · Public elementary1.4 km · 52% at standard
Rockford Public School · Public elementary1.6 km · 54% at standard
Northview Heights Secondary School · Public secondary1.6 km · 72% at standard
St Cyril Catholic School · Catholic elementary1.6 km · 90% at standard
Churchill Public School · Public elementary1.7 km · 83% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$6,147/mo
$258KIncome needed
5.2×Price ÷ income
$1,419Weekly cost
$46,902Land transfer tax, one-time (Ontario + Toronto)
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.
Mortgage is 91% of the monthly costMortgage $6,147Property tax $630Total carry $6,777
Calculate And Customize Your Mortgage
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%
$
%
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 12, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$6,026per month
Mortgage amount $1,079,040 · 4.59% over 25 years
$269,760Down payment (20.0%)
$1,079,040Loan before insurance
$0CMHC premium
$6,656Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,026
- Property tax
- $630
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,656
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,451
- Toronto municipal land transfer tax
- $23,451
- Estimated closing costs
- $46,902
Plus your down payment of $269,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$7,287/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
$728,850Total interest paid
$1,807,890Total of all payments
Principal $1,079,040 Interest $728,850
YearPrincipalInterestBalance
1$23,746$48,570$1,055,294
2$24,848$47,468$1,030,447
3$26,002$46,314$1,004,445
4$27,209$45,107$977,236
5$28,472$43,844$948,764
6$29,794$42,522$918,970
7$31,177$41,139$887,793
8$32,624$39,691$855,169
9$34,139$38,176$821,030
10$35,724$36,592$785,306
11$37,383$34,933$747,923
12$39,118$33,197$708,805
13$40,934$31,381$667,870
14$42,835$29,481$625,036
15$44,823$27,492$580,212
16$46,904$25,411$533,308
17$49,082$23,234$484,226
18$51,361$20,955$432,865
19$53,745$18,570$379,120
20$56,241$16,075$322,879
21$58,852$13,464$264,027
22$61,584$10,732$202,444
23$64,443$7,873$138,001
24$67,435$4,881$70,566
25$70,566$1,750$0
At the end of your 5-year term
- Total paid over the term
- $361,578
- Principal paid down
- $130,276
- Interest paid
- $231,302
- Balance remaining
- $948,764
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.
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.
Questions About 62 Caines Avenue
What is the asking price for 62 Caines Avenue?
It is listed at $1,348,800.
How many bedrooms and bathrooms does 62 Caines Avenue have?
3+3 bedrooms, and 3 bathrooms.
How big is 62 Caines Avenue?
The listing gives 1100-1500 sq ft of living space, on a 52.06 × 185.14 ft lot.
Does 62 Caines Avenue have parking?
1 garage space, 4 parking spaces in all.
What are the property taxes on 62 Caines Avenue?
$7,559 a year, for 2026.
Is there an offer date for 62 Caines Avenue?
The listing does not state an offer date.
Which schools is 62 Caines Avenue zoned for?
By the school boards' attendance boundaries: R J Lang Elementary and Middle School, Avondale Secondary Alternative School and St. Paschal Baylon. Boundaries change, so confirm with the board before relying on it.
When was 62 Caines Avenue listed?
It came on the market on October 20, 2026.
Who is the listing brokerage for 62 Caines Avenue?
RE/MAX Realtron Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 62 Caines Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Realtron Realty Inc. MLS®/PropTx.