53 Eversfield Rd.
List Price: $999,999
Closest Major Intersection: Dufferin & St. Clair Ave W

About the Property

  • Detached 2-storey
  • Full basement with walkout
  • Lot: 25 x 125.58 ft
  • Front pad parking
  • Forced air + A/C
  • Owned on-demand hot water tank
  • Appliances: Stainless steel range, dishwasher, fridge (2013)
  • New washer and dryer in basement
  • 7ft basement ceiling
  • New furnace
  • Roof (2010)
  • Spray foam insulation in basement
  • LED lighting on the main floor
  • Vinyl flooring throughout main and basement
  • Includes all ELFs and window coverings
  • See photos here

Why this is a good investment:

Multiple Strategies

  • Owner Occupied
    • Use a stepping stone approach to build equity and get help paying your mortgage!
    • Create a basement suite to live in, and rent out the main unit
    • Transition to the main unit and use the basement suite as a mortgage helper
    • Add additional value down the road by creating a laneway suite
  • Investment Property
    • Estimated net positive cashflow post duplex conversion: $418*
    • Estimate net positive cashflow + mortgage pay down post duplex conversion: $2,042**
  • Future potential
    • Potential to build a 1,300 sqft, 3-bedroom laneway house


  • Address: 53 Eversfield Road
  • Located on a side street in Corso Italia
  • Short 4-minute walk to Dufferin St. and bus
  • 15-minute walk to the dedicated streetcar line on St. Claire Ave
  • 78 Transit Score: Excellent Transit
  • Grocery store, trendy restaurants, coffee shops, bars, etc. along St. Clair Ave W


  • List price: $999,999
  • Approx. initial investment (20% down + closing costs): $235,000
  • Approx. renovation for legal duplex: $100,000
  • Approx. cost for laneway house: $400,000
  • Estimated duplex rental income:
    • Upper: $3,200
    • Lower: $1,400
  • Estimate laneway suite rental income: $3,400

How Volition Can Help

  • An exclusive listing means you get in before anyone else
  • We can advise on the ROI of doing key targeted renovations
  • We have a team of Interior Designers, Project Managers, Architects, Engineers, and Contractors that can handle everything for you
  • We can walk you through the process of getting the right tenants in place, or take care of the whole process from start to finish
*Based on the current rental market in the same area as the property of interest
**Based on a 20% downpayment and 2% mortgage rate

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