190 Poyntz Avenue, Toronto C07

Price: $1,299,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C12897712

Prime Yonge & Sheppard Opportunity - Rare Double Lot Potential Welcome to an exceptional real estate opportunity in one of Toronto's most desirable neighborhoods-just steps from Yonge Street and Sheppard Avenue. This expansive bungalow sits on a generous 50 ft. lot and offers incredible potential for homeowners, investors, builders, and developers alike. Whether you're looking to move in, renovate, or build new, this property is a true blank canvas. The home features a renovated kitchen with a pantry overlooking a bright main floor family room, complete with a walkout to a sunny backyard deck-perfect for entertaining or relaxing. Inside, you'll find spacious living and dining areas with hardwood floors, along with a separate entrance ideal for an in-law suite or rental income. Development Potential:50 ft. frontage in a high-demand area Potential to subdivide into two 25 ft. lots (buyer to verify with the City)Opportunity to build one custom dream home or two new residences Existing building permit available (renewal required)Double lot design available upon request Unbeatable Location: Steps to Yonge & Sheppard subway and transit Close to top-rated schools, parks, and green spaces Near shopping, dining, and everyday amenities Easy access to major highways This property offers the rare combination of location, lot size, and flexibility-making it ideal for end-users, investors, and developers.

190 Poyntz Avenue - Detached photo 1 of 14 in Thornhill / Willowdale, Ontario
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$1,299,000 - 190 Poyntz Avenue, Willowdale

Detached for Sale in Willowdale

92 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C12897712
Property Type
Detached
Status
active
Days on Site
92
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Prime Yonge & Sheppard Opportunity - Rare Double Lot Potential Welcome to an exceptional real estate opportunity in one of Toronto's most desirable neighborhoods-just steps from Yonge Street and Sheppard Avenue. This expansive bungalow sits on a generous 50 ft. lot and offers incredible potential for homeowners, investors, builders, and developers alike. Whether you're looking to move in, renovate, or build new, this property is a true blank canvas. The home features a renovated kitchen with a pantry overlooking a bright main floor family room, complete with a walkout to a sunny backyard deck-perfect for entertaining or relaxing. Inside, you'll find spacious living and dining areas with hardwood floors, along with a separate entrance ideal for an in-law suite or rental income. Development Potential:50 ft. frontage in a high-demand area Potential to subdivide into two 25 ft. lots (buyer to verify with the City)Opportunity to build one custom dream home or two new residences Existing building permit available (renewal required)Double lot design available upon request Unbeatable Location: Steps to Yonge & Sheppard subway and transit Close to top-rated schools, parks, and green spaces Near shopping, dining, and everyday amenities Easy access to major highways This property offers the rare combination of location, lot size, and flexibility-making it ideal for end-users, investors, and developers.

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Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Thornhill / Willowdale

Discover Thornhill / Willowdale

Thornhill / Willowdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Thornhill / Willowdale

  • Convenient location in Thornhill / Willowdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Thornhill / Willowdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

190 Poyntz Avenue, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$1,609

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1181/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 92 days on site, this property has exceeded the typical selling timeline for Willowdale. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    190 Poyntz Avenue | $1,299,000 | Battaglia Team