$1,288,000Asking Price
305 Connaught Avenue, Toronto C07, ON M2R 2M1
Newtonbrook, Toronto
SUPER RARE features and layouts. No similar comparables. Big Rental Income. 6 Bedroom, 4 Kitchen, 4 Bath. Has 2 separate driveways, 2 laundry hook-ups, 2 separate entrances, 200 amp breaker + EV Charge. Gorgeous curb appeal. Extensive remodeling of whole property - $400k plus worth. Rear parking good for up to 6 cars or large boat, RV camping trailer, contractor's machinery, truck, or even a bus, and still have front driveway for 4 more vehicle parking while living near Yonge St! Basement: 3 self-contained individual suites each with OWN washroom, kitchen, appliances, ventilation & 24hr separate entrance with rental income approx.; $1900, $1500, $1400 per month. Upstairs: 3 bedroom and garage with Level 2 EV charging and patio use, approx. rent $3500 - $4000 plus 50% utilities. Whole house potential $9000 gross. Whole house all utilities (gas, electricity, water & garbage fee) past monthly cost $400-$500. Further, City of Toronto permits to build up to fourplexes. Corner lot offers more potential than interior lot. Highly unlikely to find another comparable property in North York. Extensive interior remodel in 2017 including new ext. doors & garage door, A/C, furnace, hot water tank, new furnace room, kitchens, bathrooms & 200amp panel, entire duct system, extensive elec. wiring, water pipes, too many to list. New rear asphalt driveway with permit in 2018, highly unlikely to get permit now. Extensive exterior landscape remodel in 2024 including new interlock front driveway, walk path, rear patio, PVC fence, pergola, deck, porch, railing, garage epoxy floor & EV charge, trees, grass. Approx $300k upgrade inside, $100k outside including new rear driveway. Fully rented out from 2018 --2024. Exclusively listed for $2.3M in past. Great opportunity to upgrade from condo, townhome, or first time buy. Turn key operation- rent long/short term. Seller can offer know-how guidance in maintaining and renting out after purchase for 6 months.
SUPER RARE features and layouts. No similar comparables. Big Rental Income. 6 Bedroom, 4 Kitchen, 4 Bath. Has 2 separate driveways, 2 laundry hook-ups, 2 separate entrances, 200 amp breaker + EV Charge. Gorgeous curb appeal. Extensive remodeling of whole property - $400k plus worth. Rear parking good for up to 6 cars or large boat, RV camping trailer, contractor's machinery, truck, or even a bus, and still have front driveway for 4 more vehicle parking while living near Yonge St! Basement: 3 self-contained individual suites each with OWN washroom, kitchen, appliances, ventilation & 24hr separate entrance with rental income approx.; $1900, $1500, $1400 per month. Upstairs: 3 bedroom and garage with Level 2 EV charging and patio use, approx. rent $3500 - $4000 plus 50% utilities. Whole house potential $9000 gross. Whole house all utilities (gas, electricity, water & garbage fee) past monthly cost $400-$500. Further, City of Toronto permits to build up to fourplexes. Corner lot offers more potential than interior lot. Highly unlikely to find another comparable property in North York. Extensive interior remodel in 2017 including new ext. doors & garage door, A/C, furnace, hot water tank, new furnace room, kitchens, bathrooms & 200amp panel, entire duct system, extensive elec. wiring, water pipes, too many to list. New rear asphalt driveway with permit in 2018, highly unlikely to get permit now. Extensive exterior landscape remodel in 2024 including new interlock front driveway, walk path, rear patio, PVC fence, pergola, deck, porch, railing, garage epoxy floor & EV charge, trees, grass. Approx $300k upgrade inside, $100k outside including new rear driveway. Fully rented out from 2018 --2024. Exclusively listed for $2.3M in past. Great opportunity to upgrade from condo, townhome, or first time buy. Turn key operation- rent long/short term. Seller can offer know-how guidance in maintaining and renting out after purchase for 6 months.
See MoreKey Info
- Bungalow Detached
- 10-Car Driveway
- 1-Car Attached Garage
- Corner of Connaught Ave & Cactus Ave
- 1100-1500 Approximate Sq Feet
- Full Basement
- 4 + 3 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50 x 132.42 Feet
- Brick Exterior
- Taxes were $6,688 in 2025
- Possession: TBA
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #C12545124
- CENTURY 21 HERITAGE GROUP LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.89' x 10.37' | Tile Floor, Stainless Steel Appliances, Quartz Counter |
 | 1 5-Piece Bathroom on Main Floor | |||
| 3 3-Piece Bathrooms | |||
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Who lives here?
Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
48%
of residents are
single and loving it.
48% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
43%
of residents
are renters.
43% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
56%
of residents are
university grads.
56% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$111K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Government | 8% |
| Sciences | 7% |
| Management | 7% |
Immigrants
66%
of residents were
born outside of Canada.
66% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
11.2% from Philippines
All-time
Birthplace - Recent
3.9% from Philippines
Recent
Foreign Languages
Foreign Languages
| Persian | 11% |
| Korean | 9% |
| Tagalog | 8% |
| Russian | 7% |
| Mandarin | 7% |
Religions
Religions
| Christian | 52% |
| Muslim | 12% |
| Jewish | 7% |
| Buddhist | 3% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
