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340 Patricia Ave

Newtonbrook West, Toronto, Ontario M2R 2M7

For Sale · MLS® C14142132 · TRREB MLS®

3+6
Beds: 8
Baths: 1100-1500
Sqft: None
Parking: Detached
Type

Description

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!

01 / Property recordListing detailsFacts, history, rooms and location

Key Facts

MLS® #: C14142132
Board: TRREB MLS®
Days on market
Tax: $6,591
Size: 1100-1500 sqft
Lot: 50 × 133.8 Feet
Parking: None, 6 Parking

Listing History

Listing activity for 340 Patricia Ave, Toronto, Ontario

Date Start	Date End	List Price	Price	Event	Listing ID
N/A	N/A	$1,899,000	N/A	For Sale	C14142132

Property Details

Property

Property Type: Detached
Style: Other
Community: Newtonbrook West
Municipality: Toronto

Inside

Bedrooms: 3+6
Bathrooms: 8
Bathroom Detail: 3, 4pc
Bathroom Detail: 4, 3pc
Bathroom Detail: 1, 2pc
Basement Type: Fin W/O
Kitchens: 1

Utilities

Water: Municipal
Cooling: Central Air
Heating Type: Forced Air

Building

Size: 1100-1500 sqft
Construction: Brick

Parking

Garage Type: None
Add. Parking: 6
Total Parking: 6

Land

Sewer: Sewers
Lot Size: 50 × 133.8 Feet
Lot Size Code: Feet

Additional

Foundation: Concrete Block, Poured Concrete
Roof: Shingles, Asphalt Rolled
Fireplace: N
Pool: None
Den: N
Family room: N
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!

Level: Bsmt

Br (2.45 × 9.5)

Heated Floor · B/I Closet · Window

Level: Bsmt

Location

Open in maps

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records read 7 on record nearby 8 checked, none on recordRead 2026-11-04

Water and conservation

Not in Toronto and Region Conservation Authority’s mapped regulated area
No mapped wetland within 120 m
No water-supply well recorded within 250 m1 test or monitoring hole also recorded.

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity

Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
32 building permits issued within 250 m in the last 2 years
Nearest airport: 4.6 km
Mapped parcel: about 6,710 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home

A trail on the Ontario trail network within 1 km

Province of Ontario open data

Environmental records

No licensed pit or quarry within 2 km
No recorded oil, gas or salt well within 250 m
No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Sanofi Pasteur Limited, 2.3 km away. Only facilities above the inventory’s reporting thresholds are listed.
No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

Electricity is distributed here by Toronto Hydro-Electric System Limited
Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rally. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

02 / Plan your numbersToolsMortgage and cash-flow planning

Mortgage Tools

Mortgage calculator

Purchase price

Interest rate (%)

Amortization

Down payment

20%

Monthly Payment

$8,705

Down payment$379,800
Mortgage amount$1,519,200
Total interest$1,092,300
Total cost$2,991,300

Cash flow analysis

Mortgage payment

$8,705

Property tax /mo

Rental income /mo

Maintenance /mo

Total monthly payment

$9,254

Break-even down payment

100%

Cash flow-$9,254

03 / Community profileNeighbourhood demographicsPeople, homes and household context

$1,899,000

CAD

Estimate unavailable

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