
124 Patricia Avenue
Toronto C07, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 90 days on market
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.
Listing Details
- Taxes (2026)
- $7,126
- Originally Listed
- $1,280,000
- Listed
- June 11, 2026
Price History
Property
- Style
- Bungalow-Raised
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 50 x 130 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Yonge St/Steeles
- Parcel Number
- 101390035
- Possession
- Immediate
- Occupancy
- Owner
Included
- Inclusions
- Existing appliance (AS IS condition)
- Rental Items
- Hot water tank
Schools
Elementary
- ÉIC Monseigneur-de-Charbonnel0.3 km
French Catholic · CS catholique MonAvenir · 140 students
- St Paschal Baylon Catholic School0.6 km
Catholic · Toronto CDSB · 755 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 52% met the provincial standard
- R J Lang Elementary and Middle School0.6 km
Public · Toronto DSB · 485 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 34% met the provincial standard
Secondary
- ÉSC Monseigneur-de-Charbonnel0.3 km
French Catholic · CS catholique MonAvenir · 210 students
Grade 10 literacy: 93% met the provincial standard
- Drewry Secondary School0.4 km
Public · Toronto DSB · 85 students
- Newtonbrook Secondary School0.5 km
Public · Toronto DSB · 870 students
Grade 10 literacy: 98% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M2M
- Population
- 31,915
- Private dwellings
- 13,259
- Median age
- 44.4
- Average household size
- 2.5
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C07 · last 12 months
- Median sold price
- $795,000
- Homes sold
- 717
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 717 recorded sales of residential freehold properties in Toronto C07 over the last 12 months.
Rooms
4-piece on Main, 3-piece on Basement
Main
- Bedroom 211'6" x 9'10"
- Bedroom 310'1" x 8'11"
- Dining Room11'1" x 9'10"
- Kitchen13'6" x 9'8"
- Living Room16'8" x 11'7"
- Primary Bedroom14'4" x 11'8"
Basement
- Bedroom11'6" x 11'
- Kitchen13'6" x 9'8"
- Recreation29'1" x 13'6"
Listed by
RIGHT AT HOME REALTY
Walk Score
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Location
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Mortgage Calculator
$237,800
Estimated Monthly Payment
$5,841
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,841/mo (20% down, 5.5%)
Taxes: $594/mo · Insurance: $297/mo
Estimates only. Consult a financial advisor.
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