340 Patricia Avenue Toronto, Ontario M2R 2M7
$1,899,000
Absolutely Must See! Exceptional Fantastic Investment Opportunity! Premium 50 Ft Corner Lot Featuring An Upgraded Bungalow with A Separate Walk-Out Basement Apartment Plus A New Stylish Masterfully Built "Garden Suite" Based On Energy Efficient Design, Offering 3 Separate Living Units With Outstanding Income Potential& Variety Of Uses! Thoughtfully Designed& Expertly Crafted With High-End Finishes, Modern Features, and Advanced Engineering& Technology! This Unique Property Presents An Ideal Opportunity For Investors, Multi-Generational Families, Or Buyers Seeking Multiple Income Streams. The Newly Masterfully Built Garden Suite In 3Levels (3X645 = 1935 Sq.Ft ) >> * Main Floor with Living Rm, Dining Rm, Kitchen, Bedrm, 2-Pc Powder Rm& 4-Pc Ensuite! * 2nd Floor with Living Rm, Kitchen, 2 Bedrms, 2 x 3-Pc Ensuite! * Bright & Sunny Heated Floor Basement with Living Rm, Dining Rm, Kitchen& A Bedrm! All of Them Has Their Own Laundry Machine! These Configuration Includes Main Basement Apartments& 3 Garden suites Creates Excellent Potential For Rental Income& Enhances The Property's Revenue Opportunities. Beyond Its Immediate Income Potential, This Strategic Corner Bungalow Also Present an Exciting Future Redevelopment Opportunity, With Potential To Explore Multi-Unit Residential Construction Under The City Of Toronto's MLI Select Financing Program, Subject To Applicable Zoning, Planning Approvals, Building Requirements, and CMHC Eligibility.** An Outstanding Opportunity To Generate Income Today & During the Construction of Main Bungalow in the Future. A Rare Offering Combining Immediate Income Potential, Versatility& Future Development Possibilities! The New Garden Suite Represents A Significant Investment, With Construction Costs Exceeding $700,000! Uniquely Designed & Built With Independent Utility Connections, Offering A Significant Advantage For Future Redevelopment!Buyer To Verify with City Ideas For Potential Future Multi-Unit Redevelopment Attached to Photo Galler (id:50333)
Property Details
| MLS® Number | C14142132 |
| Property Type | Single Family |
| Community Name | Newtonbrook West |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | None |
| Features | Guest Suite, Sump Pump |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
| Structure | Patio(s) |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 6 |
| Bedrooms Total | 9 |
| Appliances | Blinds, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Hood Fan, Stove, Water Heater, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out, Separate Entrance |
| Basement Type | N/a (finished), N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Flooring Type | Hardwood, Laminate, Carpeted |
| Foundation Type | Block, Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Heat Pump |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 133 Ft ,9 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 133.8 Ft |
| Size Total Text | 50 X 133.8 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.38 m | 2.53 m | 3.38 m x 2.53 m |
| Second Level | Kitchen | 3.93 m | 2.54 m | 3.93 m x 2.54 m |
| Second Level | Bedroom | 3.24 m | 2.61 m | 3.24 m x 2.61 m |
| Second Level | Bedroom | 2.74 m | 2.61 m | 2.74 m x 2.61 m |
| Basement | Living Room | 4.34 m | 2.65 m | 4.34 m x 2.65 m |
| Basement | Dining Room | 2.39 m | 2.11 m | 2.39 m x 2.11 m |
| Basement | Kitchen | 2.58 m | 2.35 m | 2.58 m x 2.35 m |
| Basement | Bedroom | 9.5 m | 2.45 m | 9.5 m x 2.45 m |
| Basement | Living Room | 5.51 m | 3.58 m | 5.51 m x 3.58 m |
| Basement | Dining Room | 5.51 m | 3.58 m | 5.51 m x 3.58 m |
| Basement | Bedroom 4 | 3.58 m | 2.73 m | 3.58 m x 2.73 m |
| Basement | Bedroom 5 | 3.58 m | 2.33 m | 3.58 m x 2.33 m |
| Main Level | Living Room | 5.1 m | 3.3 m | 5.1 m x 3.3 m |
| Main Level | Living Room | 3.1 m | 2.81 m | 3.1 m x 2.81 m |
| Main Level | Dining Room | 2.53 m | 2.36 m | 2.53 m x 2.36 m |
| Main Level | Kitchen | 4.03 m | 2.35 m | 4.03 m x 2.35 m |
| Main Level | Bedroom | 3.68 m | 2.82 m | 3.68 m x 2.82 m |
| Main Level | Dining Room | 2.61 m | 2.4 m | 2.61 m x 2.4 m |
| Main Level | Kitchen | 3.1 m | 2.46 m | 3.1 m x 2.46 m |
| Main Level | Primary Bedroom | 3.6 m | 3.4 m | 3.6 m x 3.4 m |
| Main Level | Bedroom 2 | 3.61 m | 2.54 m | 3.61 m x 2.54 m |
| Main Level | Bedroom 3 | 3.38 m | 2.7 m | 3.38 m x 2.7 m |
Contact Us
Contact us for more information
Bijan Barati
Broker of Record
www.bijanbarati.com/
183 Willowdale Ave #11
Toronto, Ontario M2N 4Y9
(416) 222-8600
(416) 222-1237
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 07 2026 05:29:54
Toronto Regional Real Estate Board
RE/MAX Realtron Bijan Barati Real Estate