352 Caledonia Road, Toronto, ON

Caledonia-Fairbank, Toronto · MLS® W13679712

$988,888
For Sale
Listed 66 days agoNo offer date statedSitting longer than typical
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5+2Bedrooms
6Bathrooms
4Parking
3000-3500Sq ft

About this home

In short

  • Excellent investment opportunity at 352 Caledonia Rd in Toronto, offering a well-maintained 5 unit property with strong existing rental income and additional potential.
  • The property features two spacious 3-bedroom units and two 1-bedroom units, plus a finished basement apartment providing additional contributing value.
  • The two 3-bedroom units have reported rents of $2,550 per month each, all-inclusive.
  • One 1-bedroom unit is currently owner occupied with market rent of approximately $1,800 per month, while the other 1-bedroom unit is rented at $2,000 per month...

Excellent investment opportunity at 352 Caledonia Rd in Toronto, offering a well-maintained 5 unit property with strong existing rental income and additional potential. The property features two spacious 3-bedroom units and two 1-bedroom units, plus a finished basement apartment providing additional contributing value. The two 3-bedroom units have reported rents of $2,550 per month each, all-inclusive. One 1-bedroom unit is currently owner occupied with market rent of approximately $1,800 per month, while the other 1-bedroom unit is rented at $2,000 per month, all-inclusive. Buyers to satisfy themselves regarding its retrofit and legal status.Offering excellent flexibility for investors, multi-generational families, or buyers looking to occupy one unit while benefiting from rental income from the others. Convenient Toronto location with easy access to transit, shopping, schools, parks, major roadways and everyday amenities. A rare opportunity to acquire an income-producing property with multiple units and long-term investment potential.

Key facts

Property type
Detached, 2-Storey
MLS®
W13679712
Bedrooms
5+2 (7 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
23.92 × 127 ft
Cross streets
Rogers/Caledonia
Parking
4 parking
Driveway
Lane
Basement
Apartment
Heating
Water
A/C
None
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Other
Sewer
Sewer
Property tax
$6,568 / 2025
Days on market
66
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Bedroom 2Ground3.25 × 3.25 m
Living RoomGround4.25 × 4.00 m
BedroomSecond4.50 × 3.00 m
KitchenSecond3.50 × 2.75 m
BedroomSecond4.00 × 2.75 m
KitchenGround3.50 × 3.00 m
Dining RoomGround3.25 × 3.25 m
Living RoomSecond3.50 × 3.00 m
Primary BedroomGround3.50 × 3.25 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (F H Miller Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Caledonia-Fairbank, 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.

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 F H Miller Junior Public School
78%
F H Miller Junior Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 78% meet the provincial standard
Frank Oke Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Fairbank Memorial Community School · Public elementary0.7 km · 66% at standard
St John Bosco Catholic School · Catholic elementary0.8 km · 65% at standard
General Mercer Junior Public School · Public elementary0.8 km · 54% at standard
St Matthew Catholic School · Catholic elementary0.9 km · 63% at standard
York Memorial Collegiate Institute · Public secondary1.1 km · 50% at standard
Fairbank Public School · Public elementary1.3 km · 59% at standard
St Paul VI Catholic School · Catholic elementary1.3 km · 76% at standard
Stella Maris Catholic School · Catholic elementary1.4 km · 76% at standard
Keelesdale Junior Public School · Public elementary1.4 km · 46% at standard
Carleton Village Junior and Senior Public School · Public elementary1.5 km · 42% at standard
Charles E Webster Public School · Public elementary1.5 km · 47% at standard
D'Arcy McGee Catholic School · Catholic elementary1.5 km · 48% at standard

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

Affordability & Mortgage

Affordability
$4,507/mo
$193KIncome needed
5.1×Price ÷ income
$1,040Weekly cost
$32,506Land 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.

89%mortgage
Mortgage $4,507Property tax $547Total carry $5,054

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)
$4,374per month

Mortgage amount $791,110 · 4.49% over 25 years

$197,778Down payment (20.0%)
$791,110Loan before insurance
$0CMHC premium
$4,922Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,374
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,922

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

One-time closing costs

Ontario land transfer tax
$16,253
Toronto municipal land transfer tax
$16,253
Estimated closing costs
$32,506

Plus your down payment of $197,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,294/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

$521,145Total interest paid
$1,312,256Total of all payments
Principal $791,110 Interest $521,145
YearPrincipalInterestBalance
1$17,654$34,836$773,456
2$18,456$34,034$755,000
3$19,294$33,196$735,707
4$20,170$32,320$715,537
5$21,086$31,405$694,451
6$22,043$30,447$672,408
7$23,044$29,446$649,365
8$24,090$28,400$625,275
9$25,184$27,306$600,091
10$26,327$26,163$573,763
11$27,523$24,968$546,241
12$28,772$23,718$517,469
13$30,079$22,412$487,390
14$31,444$21,046$455,946
15$32,872$19,618$423,074
16$34,365$18,126$388,709
17$35,925$16,565$352,784
18$37,556$14,934$315,228
19$39,261$13,229$275,967
20$41,044$11,446$234,923
21$42,907$9,583$192,016
22$44,856$7,635$147,160
23$46,892$5,598$100,268
24$49,021$3,469$51,247
25$51,247$1,243$0

At the end of your 5-year term

Total paid over the term
$262,451
Principal paid down
$96,659
Interest paid
$165,792
Balance remaining
$694,451

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$6,300/mo
$75,600Gross annual rent
6.0%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.

7.6%
Gross yield
− Property tax $6,568− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $59,316

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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