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Mount Pleasant East, Toronto
$1,150,000
1089 Mt Pleasant Rd is a semi-detached century home in the Sherwood park neighborhood with a few meaningful updates already in place and significant upside for the right buyer.This is not a fully transformed home. It is a character property with solid bones, some updated features, and clear room to improve over time. Upgrades include the massive sunroom, main bathroom, gas insert fireplace, and roof (2020) giving the next owner a comfortable starting point while leaving plenty of opportunity to add value.The main floor offers a combined living and dining space, a functional kitchen with pass-through to the sunroom, and a layout that works well today while inviting a larger future plan. Upstairs are three bedrooms and an updated 3-piece bath.The full, partially finished basement includes den, workshop, and storage space, with potential for a more substantial reworking for buyers thinking long term. For those with vision and an income strategy in mind, the property may offer the chance to create additional utility and revenue, including basement redevelopment possibilities and, subject to approvals, a future garden suite.Outside, the property includes a shared driveway with two dedicated parking space, That flexibility is a real advantage for buyers looking to maximize the site over time.The property has also been pre-consulted for ADU (aka garden suite) eligibility, offering another layer of future potential for buyers focused on long-term use and value creation. Set steps from Sherwood Park and within walking distance to Mt. Pleasant Village shops, cafés, Northern Secondary School, and John Fisher primary school, this is a property for someone who understands location, sees the upside, and is prepared to unlock it.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,060 |
| Lot Size | 19.94 ft x 102.91 ft |
| mls© Number | C13582792 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,886
- Property tax
- $422
- Heat allowance
- $150
- Housing costs
- $6,458 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,839 / mo
- Cash down
- $230,000
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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