





46 Madawaska Avenue
Newtonbrook East, Toronto
$1,040,000
Welcome to 46 Madawaska Ave! Solid 3+2 bedroom bungalow on a premium 40 x 122.5 ft lot in a well-established North York neighborhood. Ideal for end users, investors, or renovators looking for future potential. Functional layout with 3 bedrooms on the main level and 2 additional bedrooms in the finished basement with separate entrance, offering excellent in-law or income potential. Surrounded by original and modern million-dollar homes. This is a great opportunity to live in, renovate, rent out, or build future value. Long private driveway. Minutes from Yonge Street, close to transit, shopping, schools, and all amenities, with excellent investment upside.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,699 |
| Lot Size | 40 ft x 122.5 ft |
| mls© Number | C13534864 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,323
- Property tax
- $642
- Heat allowance
- $150
- Housing costs
- $6,115 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$188,000
gross annual household income
- Payment at 4%
- $4,376 / mo
- Cash down
- $208,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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