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New6 days ago

185 Laughton Avenue

Weston-Pellam Park, Toronto

$950,000

Semi-Detached |2-Storey
3 | 3 | 1
About this home

Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighborhood. Well maintained triplex features three self-contained units; One - 2 Bedroom unit and Two -1 bedroom units, each with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. With estimated market rents of approximately $5,500 per month, this property presents a turnkey cash-flow opportunity for investors or owner-occupiers seeking supplemental rental income. Extensive renovations completed in 2023 include updated flooring throughout, a modern kitchen with quartz countertops, and a beautifully renovated bathroom in the main-floor unit. The detached garage at the rear offers additional value, with potential for a future laneway suite. Located just steps from transit, parks, schools, shopping, and an abundance of local amenities, this is a rare opportunity to own a versatile income-generating property in one of Toronto's growing west-end communities.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,117
Lot Size15.62 ft x 86.19 ft
mls© NumberW13616740
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$4,863
Property tax
$343
Heat allowance
$150
Housing costs
$5,356 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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