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NewDetached

340 Patricia Avenue

Newtonbrook West · North York, M2R 2M7

$1,899,000

Beds
3+6
Baths
8
Size
1,100-1,500 ft²
Type
Detached
Listed
Listed today
MLS®
C14142132

About this home

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 details

MLS® number
C14142132
Property type
Detached
Style
Other
Bedrooms
3+6
Bathrooms
8
Kitchens
5
Interior size
1,100-1,500 ft²
Lot
50 × 133.8 ft
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Parking
6 total
Exterior
Brick, Stucco (Plaster)
Property taxes
$6,591 (2025)
Possession
30-59 Days/TBD
Cross street
Yonge St/ Patricia Ave/ Bathurst St
Community
Newtonbrook West
City
North York

Rooms

  • Living Room

    16' 9" × 10' 10"

    Main

    Hardwood Floor, Bay Window, Crown Moulding

  • Dining Room

    8' 7" × 7' 10"

    Main

    Hardwood Floor, Open Concept, Crown Moulding

  • Kitchen

    10' 2" × 8' 1"

    Main

    Hardwood Floor, Granite Counters, Pantry

  • Primary Bedroom

    11' 10" × 11' 2"

    Main

    4 Pc Ensuite, Hardwood Floor, Closet

  • Bedroom 2

    11' 10" × 8' 4"

    Main

    Hardwood Floor, Ceiling Fan(s), Closet

  • Bedroom 3

    11' 1" × 8' 10"

    Main

    Hardwood Floor, Window, Closet

  • Living Room

    18' 1" × 11' 9"

    Basement

    Combined w/Dining, Broadloom, Above Grade Window

  • Dining Room

    18' 1" × 11' 9"

    Basement

    Combined w/Living, Broadloom, LED Lighting

  • Bedroom 4

    11' 9" × 8' 11"

    Basement

    Above Grade Window, Closet, Broadloom

  • Bedroom 5

    11' 9" × 7' 8"

    Basement

    3 Pc Bath, Above Grade Window, B/I Closet

  • Living Room

    10' 2" × 9' 3"

    Main

    2 Pc Bath, Laminate, LED Lighting

  • Dining Room

    8' 4" × 7' 9"

    Main

    W/O To Patio, Laminate, LED Lighting

  • Kitchen

    13' 3" × 7' 9"

    Main

    Stainless Steel Appl, Laminate, LED Lighting

  • Bedroom

    12' 1" × 9' 3"

    Main

    4 Pc Ensuite, Laminate, B/I Closet

  • Living Room

    11' 1" × 8' 4"

    Second

    Laminate, Open Concept, LED Lighting

  • Kitchen

    12' 11" × 8' 4"

    Second

    Stainless Steel Appl, Laminate, LED Lighting

  • Bedroom

    10' 8" × 8' 7"

    Second

    3 Pc Ensuite, Laminate, Closet

  • Bedroom

    9' × 8' 7"

    Second

    Laminate, Closet, LED Lighting

  • Living Room

    14' 3" × 8' 8"

    Basement

    3 Pc Bath, Heated Floor, LED Lighting

  • Dining Room

    7' 10" × 6' 11"

    Basement

    Heated Floor, Window, Open Concept

  • Kitchen

    8' 6" × 7' 9"

    Basement

    Heated Floor, Stainless Steel Appl, LED Lighting

  • Bedroom

    31' 2" × 8'

    Basement

    Heated Floor, B/I Closet, Window

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

Newtonbrook West · North York, near Yonge St/ Patricia Ave/ Bathurst St

340 Patricia Avenue, North York

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$8,408per month

$379,800 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

North York

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340 Patricia Avenue, North York | Detached for sale