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423 Connaught Avenue, Toronto C07, ON M2R 2M4 — $1,498,000 | Paul Nusca Real Estate

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423 Connaught Avenue, Toronto C07, ON M2R 2M4

Newtonbrook West · M2R 2M4

$1,498,000

MLS® #C12922026

Bedrooms (4+1)

Bathrooms

2000-2500

Sq Ft

About This Property

Rare Opportunity To Own A Renovated Residence In A Prestigious, High-Demand Neighbourhood Surrounded By Multi-Million Dollar Homes Nestled On A Premium 50 X 130 Ft Lot On The South Side Of Connaught Ave. Exceptional Location Steps To Transit, Subway, Centrepoint Mall, Fine Dining, And Everyday Amenities. Approx 2,500 Sqft Of Above-Grade Living Space + 1,200 Sqft Finished Basement. Thoughtfully Redesigned With Premium Finishes Throughout Featuring *** 3 Self-Contained Units *** With Separate Entrances *** Main Level: Elegant Open-Concept Living/Dining, Designer Eat-In Kitchen, 3 Bedrooms, 3 Washrooms, And Private Laundry. *** Walk-Out Level: Sun-Filled Space With Floor-To-Ceiling Windows, Modern Kitchen, 3-Piece Bath, And Renovated Bedroom With Above-Grade Window *** Lower Level: Spacious Suite With Large Living/Dining Area, 1 Bedroom, And 2 Washrooms (2-Pc & 3-Pc). Double Car Garage + Driveway Parking For Up To 6 Cars. Extensive Renovation With Significant Investment. Ideal For End-Users, Multi-Generational Living, Or Investors. Strong Income Potential Of Approx. $7,500/Month With 6%+ Cap Rate. ***OFFER ANYTIME***

General Information

Property Type: Residential Freehold
Subtype: Detached
Transaction: For Sale
Architectural Style: Backsplit 4
Status: Active

Building & Mechanicals

Foundation: Block
Construction: Brick
Heating: Forced Air
Heating Fuel: Gas
Cooling: Central Air
Sewer: Sewer

Basement

Basement: Finished, Separate Entrance

Parking & Garage

Total Parking: 6
Parking Spaces: 2
Garage Type: Attached
Parking Features: Private Double

Lot & Land

Frontage: 50'
Depth: 130'

Interior Features

Features

In-Law Suite

Pool

None

Taxes

Annual Tax: $7,518
Tax Year: 2025

Rooms

Room	Level	Dimensions
Living Room	Main	30' 3" × 13'
Dining Room	Main	30' 3" × 13'
Kitchen	Main	16' 2" × 11' 11"
Primary Bedroom	Second	16' 3" × 11' 9"
Bedroom 2	Second	12' 7" × 10' 11"
Bedroom 3	Second	12' 6" × 11' 9"
Bedroom 4	Ground	13' 5" × 11' 7"
Great Room	Ground	21' 5" × 11' 7"
Kitchen	Ground	6' 9" × 6' 7"
Living Room	Basement	18' 3" × 13'
Bedroom	Basement	10' 4" × 10'

Mortgage Calculator

Home Price

Down Payment %

Rate %

Amortization (years)

Estimated monthly payment

$7,359

Down payment: $299,600 · Loan: $1,198,400

Estimate only. Actual rates and payments vary by lender.

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Listing Information

Last Updated: Mar 26, 2026

Listing courtesy of:

HOUSESIGMA INC.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 26, 2026.

Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.