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Detached for sale at 340 Patricia Avenue, Toronto C07 - 9 bedroom, 8 bathroom - Photo 1 of 50
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$1,899,000

340 Patricia Ave

Toronto C07, ON M2R 2M7

340 Patricia Ave, Toronto C07 — Listed at $1,899,000. 9 bedroom, 8 bathroom Other Detached. MLS® C14142132.

New this week

Possession · seller's timeline

30-59 days (30-59 Days/TBD)

9Beds
8Baths
1100-1500sqft
Detached
Other
6Parking
$6,591Taxes/yr · 2025
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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!

Property Details

Property TypeDetached
StyleOther
CommunityNewtonbrook West
Rooms7+16
Kitchens5
Washrooms8
Square Feet1100-1500 sqft
Lot Dimensions50 × 133.8 ft
Fronting OnNorth
Dir/Cross StYonge St/ Patricia Ave/ Bathurst St
Garage TypeNone
Parking Drive Spaces6
Total Parking Spaces6
ExteriorBrick, Stucco (Plaster)
RoofShingles, Asphalt Rolled
FoundationConcrete Block, Poured Concrete
BasementFinished with Walk-Out, Separate Entrance
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$6,591
HSTIncluded In
Listed Date11/3/2026
Days on Market4 days
Possession30-59 Days/TBD

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Listing Courtesy of: RE/MAX REALTRON BIJAN BARATI REAL ESTATE

MLS® #C14142132

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 340 Patricia Avenue

This detached (Other) is located in the Newtonbrook West neighbourhood of Toronto.

The home offers 9+6 bedrooms, 8 bathrooms.

Features include a finished with walk-out, separate entrance basement, 6 parking spaces.

Additional details: lot dimensions of 50 × 133.8 feet.

Listed at $1,899,000 CAD with annual property taxes of $6,591 (2025).

About Toronto Real Estate

This Detached is located in the Newtonbrook West community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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