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Listed 1 month ago

239 Torrens Avenue

East York, Toronto

$1,729,000

Detached|2-Storey
5 | 4 | 6
About this home

Exceptional East York Opportunity - Two Homes on One Premium Lot. Welcome to 239 Torrens Ave! A rare offering featuring an extensively upgraded detached 4-bedroom, 3-bath home PLUS a brand-new legal garden suite, all set on an expansive 30 x 150 ft lot. Ideal for multi-generational living or strong rental income potential approx. $3,000/month from the garden suite , featuring 10-ft ceilings, modern finishes, a generously sized bedroom, a 3-piece bath with laundry, and a functional layout that integrates the living, dining, and kitchen areas with a W/O to the patio. The main floor of the main house offers a bedroom, an accessible 3-piece bath, a home office with a W/O to the deck, and an inviting foyer that opens into an open-concept living space, beginning with a kitchen featuring a breakfast area, quartz countertops, a ceramic backsplash, SS appliances, and ample pantry storage. The space flows into the dining and living areas, where expansive windows, including a charming bay window, fill the home with natural light. A striking statement fireplace set against a brick accent wall creates a sophisticated focal point. Hardwood floors on the main and second levels, pot lights, 200 amp service, crown molding, and 2 skylights. The primary bedroom is a true sanctuary, with access to 2 balconies, 3 closets, and a generous layout. Two additional bedrooms share a 3-piece bath. The finished basement offers a W/O separate entrance, a recreation room, kitchen, laundry, 3-piece bath, and a cold room. Exterior highlights include a 6-car driveway, carport, stone façade, glass railings, interlocking, landscaped backyard, and a hot tub. Located near top schools, parks, the Danforth, DVP, and the future Ontario Line, this property delivers a rare combination of design, functionality, timeless aesthetics, and income potential in the heart of East York. The urban dream with a Walk Score 90 & Bike Score 83!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,096
Lot Size30 ft x 150 ft
mls© NumberE13480116
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,850
Property tax
$591
Heat allowance
$150
Housing costs
$9,591 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $345,800
25-yr amortization

Income needed

$295,000

gross annual household income

Payment at 4%
$7,276 / mo
Cash down
$345,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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