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Listed 15 days ago

37 Gilbert Avenue

Corso Italia-Davenport, Toronto

$1,175,000

Semi-Detached |2-Storey
3 | 2 | 2
About this home

Thoughtfully renovated to create a sense of calm, comfort, and escape from city life, this boho-inspired mid-century modern home blends style, wellness, and functionality. Bright, sun-filled interiors feature new windows, skylight, designer fixtures, stainless steel appliances, reverse osmosis drinking water, upgraded 3/4" water service and 2 car parking. The private backyard feels like a cottage retreat in the heart of Toronto, complete with a barrel sauna, fire pit, and fresh sod to ground your feet into shaded by the most perfect tree. Enjoy the freedom of fully owned HVAC equipment, including the hot water tank. The finished basement offers flexibility with a separate entrance and rough-ins for a future kitchen/bar, creating potential for an accessory suite. Additional rough-ins for second-floor laundry provide future convenience. Further upgrades include new electrical throughout, a 200-amp service with EV charger rough-in, new flat roof, and fully insulated attic space. Laneway parking, wonderful neighbours, and the option to purchase fully furnished make this a truly turnkey opportunity (potential for $5k/month furnished rental). A thoughtfully designed home for those who value a peace, wellness, and easy living. Above grade Carson Dunlop Home inspection available.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,838
Lot Size18.08 ft x 132 ft
mls© NumberW13585306
Listed ByEXP REALTY

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%
$6,014
Property tax
$320
Heat allowance
$150
Housing costs
$6,484 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $235,000
25-yr amortization

Income needed

$200,000

gross annual household income

Payment at 4%
$4,945 / mo
Cash down
$235,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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