Home · Buy · Toronto C14 · 46 Madawaska Avenue, Toronto, ON M2M 2P9
+ 10 photos
For Sale · Detached
46 Madawaska Avenue, Toronto, ON M2M 2P9
Toronto C14 · Newtonbrook East
BungalowApartment, Separate Entrance basementNorth exposure
3 + 2
Beds
2
Baths
4
Parking
700-1100
Sq ft
—
Built
The honest picture
List price
$1,080,000
Renavu Estimate
—
Benchmark · 1-Storey Detached
$1,251,100
Listed 14% below the Newtonbrook East benchmark for 1-storey detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Welcome to 46 Madawaska Ave! Solid 3+2 bedroom bungalow on a premium 40 x 122.5 ft lot in a well-established North York neighborhood. Ideal for end users, investors, or renovators looking for future potential. Functional layout with 3 bedrooms on the main level and 2 additional bedrooms in the finished basement with separate entrance, offering excellent in-law or income potential. Surrounded by original and modern million-dollar homes. This is a great opportunity to live in, renovate, rent out, or build future value. Long private driveway. Minutes from Yonge Street, close to transit, shopping, schools, and all amenities, with excellent investment upside.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.7%
$
Down:or type any amount above
This price requires at least 7.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$18,075
Toronto municipal LTT$18,075
Legal · title · inspection$2,800
Closing costs$38,950
Down payment$83,000
Total cash to close$121,950
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.