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For saleNew listingMLS® C14142132

340 Patricia Avenue, Toronto, ON M2R 2M7

Newtonbrook West · C07 · M2R 2M7

$1,899,000

$1,726 / sq ft

2 days on market

Bedrooms
3+6
Bathrooms
8
Interior
1,100 sf
Parking
6
Lot
50 × 133.8 ft

What's special

  • 6 parking spaces
  • Central air
  • Walk-out basement
  • Guest accommodations
  • Sump pump

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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!

Rooms

20 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.10 × 3.30 m16.7 × 10.8 ftHardwood Floor · Bay Window · Crown Moulding
Dining RoomMain2.61 × 2.40 m8.6 × 7.9 ftHardwood Floor · Open Concept · Crown Moulding
KitchenMain3.10 × 2.46 m10.2 × 8.1 ftHardwood Floor · Granite Counters · Pantry
Primary BedroomMain3.60 × 3.40 m11.8 × 11.2 ft4 Pc Ensuite · Hardwood Floor · Closet
Bedroom 2Main3.61 × 2.54 m11.8 × 8.3 ftHardwood Floor · Ceiling Fan(s) · Closet
Bedroom 3Main3.38 × 2.70 m11.1 × 8.9 ftHardwood Floor · Window · Closet
Living RoomMain3.10 × 2.81 m10.2 × 9.2 ft2 Pc Bath · Laminate · LED Lighting
Dining RoomMain2.53 × 2.36 m8.3 × 7.7 ftW/O To Patio · Laminate · LED Lighting
KitchenMain4.03 × 2.35 m13.2 × 7.7 ftStainless Steel Appl · Laminate · LED Lighting
BedroomMain3.68 × 2.82 m12.1 × 9.3 ft4 Pc Ensuite · Laminate · B/I Closet
Living RoomSecond3.38 × 2.53 m11.1 × 8.3 ftLaminate · Open Concept · LED Lighting
KitchenSecond3.93 × 2.54 m12.9 × 8.3 ftStainless Steel Appl · Laminate · LED Lighting
BedroomSecond3.24 × 2.61 m10.6 × 8.6 ft3 Pc Ensuite · Laminate · Closet
BedroomSecond2.74 × 2.61 m9.0 × 8.6 ftLaminate · Closet · LED Lighting
Living RoomBasement5.51 × 3.58 m18.1 × 11.7 ftCombined w/Dining · Broadloom · Above Grade Window
Dining RoomBasement5.51 × 3.58 m18.1 × 11.7 ftCombined w/Living · Broadloom · LED Lighting
Bedroom 4Basement3.58 × 2.73 m11.7 × 9.0 ftAbove Grade Window · Closet · Broadloom
Bedroom 5Basement3.58 × 2.33 m11.7 × 7.6 ft3 Pc Bath · Above Grade Window · B/I Closet
Living RoomBasement4.34 × 2.65 m14.2 × 8.7 ft3 Pc Bath · Heated Floor · LED Lighting
Dining RoomBasement2.39 × 2.11 m7.8 × 6.9 ftHeated Floor · Window · Open Concept

Features

  • Guest Accommodations
  • Sump Pump

Property details

Property

Property type
detached
Bedrooms
3 + 6
Bathrooms
8
Interior size
1,100 sq ft
Lot size
50 × 133.8 ft
Possession
30-59 Days/TBD

Interior

Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North

Exterior & services

Construction
Brick, Stucco (Plaster)
Parking spaces
6
Sewer
Sewer

Costs

List price
$1,899,000
Property taxes
$6,591 / year (2025)
Price per sq ft
$1,726
Rental items
No Rental Items!

Listing

MLS® number
C14142132
Status
For sale
Listed
November 3, 2026
Days on market
2
Last updated
November 4, 2026
Listing brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 44% of comparable detached listings in Newtonbrook West are asking less.

$1.16MMedian $2.00M$3.14M
This home
$1,726 / sq ft
Comparable median
$845 / sq ft

Based on 36 comparable active detached listings in Newtonbrook West. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $379,800
$379,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,399.92
Property tax (est.)
$549.25
Estimated monthly
$8,949

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$34,455
Toronto municipal
$34,455
Total due on closing
$68,910

An estimate on the asking price of $1,899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REALTRON BIJAN BARATI REAL ESTATE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,899,000

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