340 Patricia Avenue, Toronto, Ontario M2R 2M7

Listed for:
$1,899,000
9 beds
8 baths
Listed 10 days ago
House for rent: 340 Patricia Avenue, Toronto, Ontario M2R 2M7

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About

Yonge St/ Patricia Ave/ Bathurst St 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:27476)

Property Highlights

MLS® Number
C14142132
Type
Single Family
Community Name
Newtonbrook West
Ownership Type
Freehold
Land Size
50 x 133.8 FT
Parking Space Total
6

Building

Building Type
House
Square Footage
1100 - 1500 sqft
Bathrooms Total
8
Bedrooms Above Ground
3
Bedrooms Total
9
Amenities
Park, Public Transit, Schools
Exterior Finish
Brick, Stucco
Fireplace Present
No
Basement Type
N/A (Finished), N/A
Basement Features
Walk out, Separate entrance
Building Heating Type
Forced air, Heat Pump
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

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

Location

Learn more about this property
Listing provided by:
RE/MAX REALTRON BIJAN BARATI REAL ESTATE
MLS® number:
C14142132
Agent:
Bijan Barati
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