340 Patricia Ave
Toronto, Ontario
Beds
9
Baths
8
Sqft
1,100
Type
Detached
About this Property
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!
Listing Details
- MLS #
- C14142132
- Board
- PROPTX
- Market
- ontario
- Property Type
- Detached
- Style
- Other
- Garage
- None
- Parking Spaces
- 6
- Basement
- Fin W/O, Sep Entrance
- Heating
- Forced Air
- Cooling
- Central Air
- Pool
- None
- Lot Size
- 50 × 133.8 ft
- Annual Taxes
- $6,591/yr
- Listed By
- REMAX REALTRON BIJAN BARATI REAL ESTATE
- Listed On
- November 2, 2026
Features & Extras
Extras
*In the Main Bungalow >> S/S Fridge/Freezer, SIS Stove,S/S Rangehood. Washer&Dryer. Gas Furnace(2021).Cac. Owned Hwt(2025). In Basement: S/SFridge, S/S Stove, Rangehood, Stacked Washer&Dryer. *In the Garden Suite >> 3 S/S Fridge, 3 S/S Dishwasher, 3 S/S Ranghood, 3 S/S Microwave, S/S B/I Oven, 2 Portable Cooktop. B/I Washer. B/I Stacked Washer/Dryer. Combo Washing Machine. Existing Elfs and Window Blinds. 1 ERV, 2 Heat Pump & 3 Air Handlers for Each Unit in Garden Suite. Heated Floor Basement! Sump Pump. Tankless Gas Water Heater & Storage Electric Tank. 4 Security Cameras!
Room Measurements
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 3.3 × 5.1 m | hardwood floor, Bay Window, Crown Moulding |
| Dining | Main | 2.4 × 2.61 m | hardwood floor, Open Concept, Crown Moulding |
| Kitchen | Main | 2.46 × 3.1 m | hardwood floor, Granite Counter, Pantry |
| Primary | Main | 3.4 × 3.6 m | 4 Pc Ensuite, hardwood floor, Closet |
| 2nd Br | Main | 2.54 × 3.61 m | hardwood floor, Ceiling Fan, Closet |
| 3rd Br | Main | 2.7 × 3.38 m | hardwood floor, Window, Closet |
| Living | Bsmt | 3.58 × 5.51 m | Combined W/Dining, Broadloom, Above Grade Window |
| Dining | Bsmt | 3.58 × 5.51 m | Combined W/Living, Broadloom, Led Lighting |
| 4th Br | Bsmt | 2.73 × 3.58 m | Above Grade Window, Closet, Broadloom |
| 5th Br | Bsmt | 2.33 × 3.58 m | 3 Pc Bath, Above Grade Window, B/I Closet |
| Living | Main | 2.81 × 3.1 m | 2 Pc Bath, Laminate, Led Lighting |
| Dining | Main | 2.36 × 2.53 m | W/O To Patio, Laminate, Led Lighting |
| Kitchen | Main | 2.35 × 4.03 m | Stainless Steel Appl, Laminate, Led Lighting |
| Br | Main | 2.82 × 3.68 m | 4 Pc Ensuite, Laminate, B/I Closet |
| Living | 2nd | 2.53 × 3.38 m | Laminate, Open Concept, Led Lighting |
| Kitchen | 2nd | 2.54 × 3.93 m | Stainless Steel Appl, Laminate, Led Lighting |
| Br | 2nd | 2.61 × 3.24 m | 3 Pc Ensuite, Laminate, Closet |
| Br | 2nd | 2.61 × 2.74 m | Laminate, Closet, Led Lighting |
| Living | Bsmt | 2.65 × 4.34 m | 3 Pc Bath, Heated Floor, Led Lighting |
| Dining | Bsmt | 2.11 × 2.39 m | Heated Floor, Window, Open Concept |
| Kitchen | Bsmt | 2.35 × 2.58 m | Heated Floor, Stainless Steel Appl, Led Lighting |
| Br | Bsmt | 2.45 × 9.5 m | Heated Floor, B/I Closet, Window |
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