699 Midland Avenue, Toronto E04, ON

$899,000
MLS#:E11938271
8 beds
4 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Premium 40 x 120 ft lot size
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This property presents a unique investment opportunity with significant rental income potential. The upper level of the home is capable of generating approximately $3,800 in monthly rent, while the basement unit can yield an additional $2,700. The house is being sold in "AS IS, WHERE IS" condition, offering buyers the chance to capitalize on this versatile layout and prime location. With separate entrances for both units, this is an excellent opportunity for investors or those looking for a multi-generational home with substantial income potential. The hot water tank is owned. **EXTRAS** Fridge, Stove, Washer, Dryer, Built-In Dishwasher.

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Key Features

Bedrooms
8
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 9, 2025
Sold price information is available to members only
Listed Date1/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size40 × 120 Feet
CountyToronto
Annual Tax$3,244
Legal DescriptionPlan 2029 Lot 27

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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699 Midland Avenue, Toronto E04, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 699 Midland Avenue, Toronto E04, ON M1K 4C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$719,200
Monthly Mortgage$4,179
Property Tax (Est.)$270
Utilities & Maint.$350
Total Monthly Cost$4,799

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Toronto E04.