340 Patricia Avenue, Toronto, Ontario M2R 2M7 (30471787)

340 Patricia Avenue Toronto, Ontario M2R 2M7

9 Bedroom 8 Bathroom 1,100 - 1,500 ft2
Central Air Conditioning Forced Air, Heat Pump

$1,899,000

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 Galler (id:50976)

Property Details

MLS® Number C14142132
Property Type Single Family
Community Name Newtonbrook West
Amenities Near By Park, Public Transit, Schools
Equipment Type None
Features Guest Suite, Sump Pump
Parking Space Total 6
Rental Equipment Type None
Structure Patio(s)

Building

Bathroom Total 8
Bedrooms Above Ground 3
Bedrooms Below Ground 6
Bedrooms Total 9
Appliances Blinds, Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Hood Fan, Stove, Water Heater, Washer, Refrigerator
Basement Development Finished
Basement Features Walk Out, Separate Entrance
Basement Type N/a (finished), N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco
Flooring Type Hardwood, Laminate, Carpeted
Foundation Type Block, Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air, Heat Pump
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 133 Ft ,9 In
Size Frontage 50 Ft
Size Irregular 50 X 133.8 Ft
Size Total Text 50 X 133.8 Ft

Rooms

Level Type Dimensions
Second Level Living Room 3.38 m x 2.53 m
Second Level Kitchen 3.93 m x 2.54 m
Second Level Bedroom 3.24 m x 2.61 m
Second Level Bedroom 2.74 m x 2.61 m
Basement Living Room 4.34 m x 2.65 m
Basement Dining Room 2.39 m x 2.11 m
Basement Kitchen 2.58 m x 2.35 m
Basement Bedroom 9.5 m x 2.45 m
Basement Living Room 5.51 m x 3.58 m
Basement Dining Room 5.51 m x 3.58 m
Basement Bedroom 4 3.58 m x 2.73 m
Basement Bedroom 5 3.58 m x 2.33 m
Main Level Living Room 5.1 m x 3.3 m
Main Level Living Room 3.1 m x 2.81 m
Main Level Dining Room 2.53 m x 2.36 m
Main Level Kitchen 4.03 m x 2.35 m
Main Level Bedroom 3.68 m x 2.82 m
Main Level Dining Room 2.61 m x 2.4 m
Main Level Kitchen 3.1 m x 2.46 m
Main Level Primary Bedroom 3.6 m x 3.4 m
Main Level Bedroom 2 3.61 m x 2.54 m
Main Level Bedroom 3 3.38 m x 2.7 m

https://www.realtor.ca/real-estate/30471787/340-patricia-avenue-toronto-newtonbrook-west-newtonbrook-west

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Bijan Barati
Broker of Record

(416) 222-8600
www.bijanbarati.com/

RE/MAX Realtron Bijan Barati Real Estate
183 Willowdale Ave #11
Toronto, Ontario M2N 4Y9

(416) 222-8600
(416) 222-1237

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