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340 Patricia Avenue, Toronto

3 bed8 bath6 parking1,100–1,500 sqftResidentialProperty
For Sale
$1,899,000

Listing Provided By: RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Key Facts

Bedrooms
3
Bathrooms
8
Living area
1,100–1,500 sqft
Property type
ResidentialProperty

Property details

MLS#C14142132
StatusFor Sale
Property typeResidentialProperty
Listing typeSale
Parking6
List date2026-11-03
Postal codeM2R 2M7
NeighbourhoodNewtonbrook West
CityToronto

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!

Location

MRMark Risi
Broker
(416)457-9929
RE/MAX Your Community Realty, Brokerage
CallText
RE/MAX Your Community Realty, Brokerage
The data relating to real estate on this website comes in part from the Toronto Regional Real Estate Board (TRREB) and the Canadian Real Estate Association (CREA). Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

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