340 Patricia Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Other detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,899,000 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.
- 9 Bedrooms and 8 Bathrooms with 5 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 133.8 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (6.0 total parking spaces)
- Notable attributes: Guest Accommodations, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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 Gallery!
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Property Summary
This detached home located at 340 Patricia Avenue, Toronto is currently for sale and has been available for 1 day. This property is listed at $1,899,000 with an estimated mortgage of $6,321* per month. It has 9 beds, 8 bathrooms, and is 1100-1500 square feet. 340 Patricia Avenue, Toronto is in the Newtonbrook West neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 8 bathrooms, this home offers ample space and comfort for growing families in Newtonbrook West, Toronto.
- •9 spacious bedroom layout offering versatile living space
- •8 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Newtonbrook West, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Park
- Public Transit
- School
Interior Features
- Guest Accommodations
- Sump Pump
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 9-bedroom detached at 340 Patricia Avenue, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $6,321*/month*. Estimated Ontario Land Transfer Tax: $68,910. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 340 Patricia Avenue, Toronto, ON
Q.What is the asking price for 340 Patricia Avenue, Toronto, ON ?
The current listing price for 340 Patricia Avenue, Toronto, ON in Newtonbrook West, Toronto is $1,899,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 8 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 340 Patricia Avenue, Toronto, ON ?
340 Patricia Avenue, Toronto, ON is a Detached (Other) featuring a Finished with Walk-Out, Separate Entrance basement.
Q.What key property features does 340 Patricia Avenue, Toronto, ON offer?
Key property features include: Fenced Yard, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Guest Accommodations, Sump Pump.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Newtonbrook West, Toronto
234 assaults (879.6/100k)
31 B&E (116.5/100k)
115 thefts (432.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 340 Patricia Avenue, Toronto, ON M2R 2M7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,899,000 in Toronto, the legal minimum down payment is $379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,455 also applies, bringing the total estimated land transfer taxes to $68,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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