340 Patricia Avenue

- $1,899,000

Newtonbrook West, Toronto, M2R2M7
MLS ® C14142132

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:38551)

Features

  • Guest Suite
  • Sump Pump

Location

Details

340 Patricia Avenue, Newtonbrook West, , Toronto

  • Land
    50 x 133.8 FT
  • Bedrooms

    Above Grade: 3 Below Grade: 6

    9
  • Bathrooms
    8 + 1 Half
  • Parking

    No Garage

    6

Rooms

340 Patricia Avenue, Newtonbrook West, , Toronto

  • 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