62 Iangrove Terrace, Toronto, ON

L'Amoreaux, Toronto · MLS® E14091826

$1,050,000
For Sale
Listed 1 day agoNo offer date stated
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3+3Bedrooms
4Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Exceptional Turn-Key Investment or Multi-Generational Living in Prime L'Amoreaux.
  • Situated on a generous 45.5' x 121' lot, this versatile raised bungalow offers incredible potential with a 3+3 bedroom, 3.5 bathroom layout featuring 3 full kitchens...
  • The main living area seamlessly blends warm south-facing sunlight through oversized windows for an inviting, airy feel, complemented by modern low-maintenance...
  • Unbeatable Location: 5-min drive to Hwy 404, 3-min walk to TTC, minutes to Seneca Polytechnic (Newnham), SHN Hospital, Bridlewood Mall, top-ranked...

Exceptional Turn-Key Investment or Multi-Generational Living in Prime L'Amoreaux! Situated on a generous 45.5' x 121' lot, this versatile raised bungalow offers incredible potential with a 3+3 bedroom, 3.5 bathroom layout featuring 3 full kitchens and a separate entrance leading to two lower-level suites with bright above-ground windows. Ideal for high-yielding rental income or multi-family living! The main living area seamlessly blends warm south-facing sunlight through oversized windows for an inviting, airy feel, complemented by modern low-maintenance flooring and key updates (2020-2021) including updated windows, a powder room, fridge, washer & dryer. Enjoy convenient direct interior garage access to the main floor, motion-sensor exterior lighting, automatic opener, and extra overhead garage storage. Unbeatable Location: 5-min drive to Hwy 404, 3-min walk to TTC, minutes to Seneca Polytechnic (Newnham), SHN Hospital, Bridlewood Mall, top-ranked public/Catholic/French schools, and serene local parks.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
E14091826
Bedrooms
3+3 (6 total)
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
45.5 × 121 ft
Cross streets
Victoria Park Ave & McNicoll Avenue
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Separate Entrance, Apartment, Finished
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,279 / 2025
Days on market
1
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 5Lower3.25 × 3.65 m

above grade window · double doors · tile floor

Bedroom 3Lower3.42 × 3.04 m

above grade window · closet · tile floor

Bedroom 4Lower3.41 × 2.88 m

above grade window · closet · tile floor

KitchenLower3.09 × 1.58 m

stucco ceiling · combined w/rec · tile floor

Family RoomLower4.84 × 3.76 m

above grade window · stone fireplace · vinyl floor

Bedroom 2Main3.68 × 3.04 m

overlooks backyard · closet · hardwood floor

OfficeMain3.61 × 2.80 m

pot lights · double doors · hardwood floor

Living RoomMain4.30 × 3.87 m

large window · combined w/dining · hardwood floor

KitchenMain5.07 × 2.91 m

custom backsplash · eat-in kitchen · tile floor

RecreationLower2.28 × 6.95 m

3 pc bath · separate room · tile floor

KitchenLower2.50 × 3.77 m

wet bar · combined w/family · tile floor

Dining RoomMain3.61 × 3.00 m

window · combined w/living · hardwood floor

Primary BedroomMain3.61 × 4.05 m

overlooks backyard · closet · hardwood floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is L'Amoreaux Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

L'Amoreaux, 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.

Steeles
$1.20M
Wexford-Maryvale
$849K
Willowdale East
$2.16M
Banbury-Don Mills
$4.14M
St. Andrew-Windfields
$4.10M

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 Chester Le Junior Public School
47%
Chester Le Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 47% meet the provincial standard
Sir Ernest MacMillan Senior Public SchoolEQAO results not published
Epiphany of Our LordEQAO results not published
Also nearby: 12 more schools within 2.5 km
Cherokee Public School · Public elementary0.6 km · 62% at standard
Sir Ernest MacMillan Senior Public School · Public elementary0.6 km
Sir Samuel B Steele Junior Public School · Public elementary0.7 km · 71% at standard
Beverly Glen Junior Public School · Public elementary0.9 km · 74% at standard
Ernest Public School · Public elementary1.3 km · 63% at standard
St Henry Catholic School · Catholic elementary1.3 km · 88% at standard
David Lewis Public School · Public elementary1.4 km · 86% at standard
Brookmill Boulevard Junior Public School · Public elementary1.5 km · 82% at standard
Hillmount Public School · Public elementary1.5 km · 89% at standard
Dr Norman Bethune Collegiate Institute · Public secondary1.6 km · 81% at standard
Pleasant View Middle School · Public elementary1.6 km · 78% at standard
J B Tyrrell Senior Public School · Public elementary1.6 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,786/mo
$200KIncome needed
5.3×Price ÷ income
$1,104Weekly cost
$34,950Land transfer tax, one-time (Ontario + Toronto)
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.

92%mortgage
Mortgage $4,786Property tax $440Total carry $5,225

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,645per month

Mortgage amount $840,000 · 4.49% over 25 years

$210,000Down payment (20.0%)
$840,000Loan before insurance
$0CMHC premium
$5,084Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,645
Property tax
$440
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,084

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,621/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

$553,351Total interest paid
$1,393,351Total of all payments
Principal $840,000 Interest $553,351
YearPrincipalInterestBalance
1$18,745$36,989$821,255
2$19,596$36,138$801,658
3$20,486$35,248$781,172
4$21,416$34,318$759,756
5$22,389$33,345$737,368
6$23,405$32,329$713,962
7$24,468$31,266$689,495
8$25,579$30,155$663,916
9$26,740$28,994$637,176
10$27,954$27,780$609,221
11$29,223$26,511$579,998
12$30,550$25,184$549,447
13$31,937$23,797$517,510
14$33,388$22,346$484,122
15$34,903$20,831$449,219
16$36,488$19,246$412,731
17$38,145$17,589$374,586
18$39,877$15,857$334,709
19$41,687$14,047$293,021
20$43,580$12,154$249,441
21$45,559$10,175$203,882
22$47,628$8,107$156,255
23$49,790$5,944$106,465
24$52,051$3,683$54,414
25$54,414$1,320$0

At the end of your 5-year term

Total paid over the term
$278,670
Principal paid down
$102,632
Interest paid
$176,038
Balance remaining
$737,368

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$2,300/mo
$27,600Gross annual rent
1.7%Cap rate after taxes and upkeep

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.

2.6%
Gross yield
− Property tax $5,279− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,885

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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