54 Byng Avenue
Toronto E06, ON
- 7 bed
- 4 bath
- approx. 1500-2000 sqft
- Detached
- 29 days on market
Welcome to this renovated detached home in a highly desirable and convenient Scarborough neighbourhood! Featuring 4+3 bedrooms and 4 full washrooms, this spacious and versatile property offers an excellent opportunity for first-time buyers, large or multi-generational families, and investors. The home has been thoughtfully updated with new laminate flooring, creating a bright, clean and move-in-ready living environment. Offering flexible living spaces and excellent income potential, the property was previously rented by the seller for approximately $6,000 per month. Major upgrades add even more value, including a new 200-amp electrical panel, owned furnace, owned heat pump, and a new Rinnai tankless hot water system. A 2-unit permit application is currently in process, offering additional future possibilities for the property. The generous backyard also provides space with potential for a future garden suite, subject to municipal approvals and applicable regulations. Location is another major highlight! Just steps to TTC and only minutes from Victoria Park and Warden subway stations, making commuting throughout Toronto convenient. Enjoy easy access to schools, recreation centres, libraries, grocery stores, parks, places of worship, shopping, restaurants and everyday amenities. A rare combination of space, renovations, income potential, major mechanical upgrades and a convenient Scarborough location. Whether you're looking for a family home or an investment property with future potential, this one is well worth seeing. Don't miss it!
Listing Details
- Taxes (2025)
- $3,544
- Originally Listed
- $899,000
- Listed
- August 22, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Water Heater
- Lot Size
- 32 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Danforth Ave / Pharmacy Ave
- Parcel Number
- 064600226
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- All stove, fridges, washer-dryer, lights
- Exclusions
- None
Schools
Elementary
- St Dunstan Catholic School0.3 km
Catholic · Toronto CDSB · 195 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Oakridge Junior Public School0.3 km
Public · Toronto DSB · 550 students
Grade 3 reading: 73% met the provincial standard
- Samuel Hearne Public School0.3 km
Public · Toronto DSB · 355 students
Grade 6 math: 23% met the provincial standard
Secondary
- Malvern Collegiate Institute1.5 km
Public · Toronto DSB · 1140 students
Grade 10 literacy: 96% met the provincial standard
- Neil McNeil High School1.6 km
Catholic · Toronto CDSB · 770 students
Grade 10 literacy: 83% met the provincial standard
- Notre Dame Catholic High School1.7 km
Catholic · Toronto CDSB · 510 students
Grade 10 literacy: 97% 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 M1L
- Population
- 35,833
- Private dwellings
- 13,177
- Median age
- 38.8
- Average household size
- 2.8
- Median household income
- $78,000
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 E06 · last 12 months
- Median sold price
- $890,000
- Homes sold
- 305
- Median days on market
- 15
- Sale-to-list price
- 99.3%
Based on 305 recorded sales of residential freehold properties in Toronto E06 over the last 12 months.
Rooms
4-piece on Second, 4-piece on Main, 4-piece on Main, 4-piece on Basement
Second
- Bedroom 315'6" x 10'6"
- Bedroom 421'7" x 15'7"
Main
- Bedroom 29' x 10'6"
- Dining Room9'3" x 9'6"
- Kitchen8'6" x 12'6"
- Living Room12'6" x 18'6"
- Primary Bedroom15'6" x 9'6"
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$169,800
Estimated Monthly Payment
$4,171
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: $4,171/mo (20% down, 5.5%)
Taxes: $295/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Offering flexible living spaces and excellent income potential, the property was previously rented by the seller for approximately $6,000 per month.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?