340 Patricia Ave
Newtonbrook West, Toronto, Ontario M2R 2M7
- Bedrooms
- 3+6
- Bathrooms
- 8
- Size
- 1,100–1,500sq ft
- Per sq ft
- $1,461at the range’s middle
- Lot
- 50 x 133.8 ft
- Tax a year
- $6,5912025 tax year
- Parking
- 6none
- Days on market
- Members
The brief
About 340 Patricia Ave
340 Patricia Ave is a 3+6-bedroom, 8-bathroom detached house in Newtonbrook West, Toronto, listed for sale at an asking price of $1,899,000 (MLS® C14142132).
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!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong98/100+$8,787/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 detached homes with 9 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,591 / 2025
- MLS® number
- C14142132
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 50 x 133.8 ft
- Listed on
- Parking
- None, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- Other
- Community
- Newtonbrook West
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+6
- Bathrooms
- 8
- Bathroom Details
- 3 × 4pc, 4 × 3pc, 1 × 2pc
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 6
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 133.8 ft
- Lot Size
- 50 x 133.8 ft
Additional
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Shingles, Asphalt Rolled
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- 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!
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.3 × 5.1 m | hardwood floor, Bay Window, Crown Moulding | Main |
| Dining | 2.4 × 2.61 m | hardwood floor, Open Concept, Crown Moulding | Main |
| Kitchen | 2.46 × 3.1 m | hardwood floor, Granite Counter, Pantry | Main |
| Primary | 3.4 × 3.6 m | 4 Pc Ensuite, hardwood floor, Closet | Main |
| 2nd Br | 2.54 × 3.61 m | hardwood floor, Ceiling Fan, Closet | Main |
| 3rd Br | 2.7 × 3.38 m | hardwood floor, Window, Closet | Main |
| Living | 3.58 × 5.51 m | Combined W/Dining, Broadloom, Above Grade Window | Bsmt |
| Dining | 3.58 × 5.51 m | Combined W/Living, Broadloom, Led Lighting | Bsmt |
| 4th Br | 2.73 × 3.58 m | Above Grade Window, Closet, Broadloom | Bsmt |
| 5th Br | 2.33 × 3.58 m | 3 Pc Bath, Above Grade Window, B/I Closet | Bsmt |
| Living | 2.81 × 3.1 m | 2 Pc Bath, Laminate, Led Lighting | Main |
| Dining | 2.36 × 2.53 m | W/O To Patio, Laminate, Led Lighting | Main |
| Kitchen | 2.35 × 4.03 m | Stainless Steel Appl, Laminate, Led Lighting | Main |
| Br | 2.82 × 3.68 m | 4 Pc Ensuite, Laminate, B/I Closet | Main |
| Living | 2.53 × 3.38 m | Laminate, Open Concept, Led Lighting | 2nd |
| Kitchen | 2.54 × 3.93 m | Stainless Steel Appl, Laminate, Led Lighting | 2nd |
| Br | 2.61 × 3.24 m | 3 Pc Ensuite, Laminate, Closet | 2nd |
| Br | 2.61 × 2.74 m | Laminate, Closet, Led Lighting | 2nd |
| Living | 2.65 × 4.34 m | 3 Pc Bath, Heated Floor, Led Lighting | Bsmt |
| Dining | 2.11 × 2.39 m | Heated Floor, Window, Open Concept | Bsmt |
| Kitchen | 2.35 × 2.58 m | Heated Floor, Stainless Steel Appl, Led Lighting | Bsmt |
| Br | 2.45 × 9.5 m | Heated Floor, B/I Closet, Window | Bsmt |
Listing history
Buy/sell history for 340 Patricia Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,899,000 | N/A | For Sale | C14142132 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $379,800
- Total mortgage amount
- $1,519,200
- Total interest payment
- $1,080,000
- Total purchase cost
- $2,979,000
- Mortgage payment
- $8,664/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$9,213- Carrying cost $9,213
- Surplus $8,787
Rental income opens at $18,000, the median asking rent of 5 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $34,455
- Toronto municipal land transfer tax
- $34,455
- Total land transfer tax
- $68,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $60,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,899,000
- $29,980
- Ontario total
- $34,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $34,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 6,690 sq ft622 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 133.8 ft40.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 32 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 4.6 km4.6 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.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 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.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- 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.30 m
- 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor 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.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f15.0; a610) (x5)By-law
569-2013Municipality
Toronto1 f15.0
Frontage: at least 15.0 m.
2 a610
Lot area: at least 610 m² per dwelling unit.
3 x5
Site-specific exception 5: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(5)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
8 building permits cleared at this address in the City’s file.
Building Permit Related (DR)Closed
Drain - To demolish existing detached garage and construct a garden suite.
Issued February 27, 2025
Building Permit Related(PS)Closed
Plumbing - To demolish existing detached garage and construct a garden suite.
Issued February 26, 2025
Building Permit Related(MS)Closed
HVAC - To demolish existing detached garage and construct a garden suite.
Issued January 30, 2025
New Laneway / Rear Yard SuiteClosed
To demolish existing detached garage and construct a garden suite.
Issued October 25, 2024
New BuildingCancelled
Proposal to construct new two storey dwelling with a porch, rear deck and walkout
Issued November 30, 2023
Building Permit Related(PS)Cancelled
Plumbing - Proposal to construct new two storey dwelling with a porch, rear deck and walkout
Issued November 30, 2023
DemolitionCancelled
Proposal to demolish existing dwelling and construct new two storey dwelling with a porch, rear deck and walkout
Issued November 30, 2023
Building Permit Related (DR)Cancelled
Drain - Proposal to construct new two storey dwelling with a porch, rear deck and walkout
Issued November 30, 2023
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 5 open development applications within 800 m of this home.
202 DREWRY AVEOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment application to lift the hold ('H') to By-law 672-2024.
730 m away202 DREWRY AVESite planUnder Review
Site Plan Application to permit the development of 45 three-storey townhouse units. The townhomes are proposed to be serviced by a new private road. As part of this application, it is proposed to convey public park space to the City of Toronto.
730 m away172 DREWRY AVESite planUnder Review
Site Plan Application to permit the development of 45 three-storey townhouse units. The townhomes are proposed to be serviced by a new private road. As part of this application, it is proposed to convey public park space to the City of Toronto.
780 m away172 DREWRY AVEOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment application to lift the hold ('H') to By-law 672-2024.
780 m away150-160 CACTUS AVESite planUnder Review
Site Plan Approval to facilitate the development of the site for a residential development comprised of 12 and 15-storey apartment buildings, and two 4-storey back to back townhouse buildings. The proposed residential gross floor area is 34,482 square metres. A total 483 residential dwelling units are proposed, of which, 60 shall be rental dwelling units.
790 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Newtonbrook West right now
- For sale now
- 39
- Median asking price
- $1.98M
- New in 7 days
- 4
- Price cuts
- 13%
Middle half: $1.29M to $2.8M
12 in 28 days
5 listings
This home is asking 4% below the median.
See all homes in Newtonbrook WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 1.7 km |
| Yonge / Steeles | YRT bus rapid transit: Viva Blue | 1.8 km |
| Yonge / Clark | YRT bus rapid transit: Viva Blue | 2.5 km |
| North York Centre Station | TTC subway: Line 1 Yonge-University | 2.8 km |
| Disera-Promenade | YRT bus rapid transit: Viva Orange | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Pleasant Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 400 m | 73%Grade 6 average |
| St Paschal Baylon Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 650 m | 80%Grade 6 average |
| R J Lang Elementary and Middle SchoolToronto DSB | Public · grades JK–8 | 800 m | 61%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 5.1 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 1 km | 63%Grade 9 math |
| Newtonbrook Secondary SchoolToronto DSB | Public · grades 9–12 · French Immersion | 1.1 km | 39%Grade 9 math |
| Drewry Secondary SchoolToronto DSB | Public · grades 9–12 | 1.2 km | — |
| St Elizabeth Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 2.5 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Newtonbrook West are shown to signed-in members.