340 Patricia Avenue

For Sale
20.39 BTC
340 Patricia Avenue, Toronto
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
340 Patricia Avenue
3 + 6
BEDROOMS
8
BATHROOMS
1 + 4
KITCHENS
7 + 16
ROOMS
C14142132
MLSID
Contact Us
Property 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!
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, School, Guest Accommodations, Sump Pump
Property Details
Property Type
Detached
Lot Size
50' x 134'
Taxes
$6,591 (2025)
Basement
Finished with Walk-Out, Separate Entrance
Exterior
Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
Listing contracted with Re/Max Realtron Bijan Barati Real Estate
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