
Toronto
Detached in Toronto
$1,280,000
124 PATRICIA AVENUE, Toronto, M2M1J4
MLS Number: C13435342
Beds
4
Baths
2
Listing
For Sale
Type
Detached
Square Feet
1,100 - 1,500
All-Brick 3-Bedroom Raised Bungalow with Outstanding Income PotentialSituated in a highly coveted neighborhood flanked by multi-million dollar luxury estates, this solid all-brick raised bungalow represents exceptional value, superior privacy, and versatile income potential. The property boasts commanding curb appeal, highlighted by a stone retaining wall, an expansive private driveway, and a covered carport with an attached garage.The principal residence offers three well-appointed bedrooms on the main level. The bright, raised lower level features large, above-grade windows and a dedicated separate side entrance. This finished basement comes equipped with a secondary kitchen, a full bathroom, and an additional bedroom-requiring only minimal finishing touches to transition into a premium rental suite or an independent multi-generational living space.The exterior extends into a fully fenced backyard oasis. Framed by towering mature trees that ensure absolute privacy, the deep lawn and stone patio offer an ideal setting for quiet relaxation or upscale entertaining. Whether your objective is to occupy and modernize, leverage immediate rental revenue, or design a custom luxury residence from the ground up, this premium property stands as a remarkable investment opportunity.
Estimate Tool
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Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$256,000
Mortgage Amount
$1,024,000
Principal + Interest
$5,921 / mo
5-Year Term Payments
$355,246
Estimated Monthly Carrying Cost
$6,571
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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