5 for sale detached homes in Toronto [below & near $1.4 million average]

Toronto real estate is one hot market.

An expensive market despite the recent spring and summer cooling trend.

TREB reports that the average price for a detached home in Toronto was $1.4 million in June (a rounded figure from TREB’s precise average detached price of $1,386,524).

In light of this newly released figure, I present the Centre of the Universe short-list of affordable for sale detached Toronto homes.

Yes, you heard me right.

Affordable and for sale detached homes in Toronto.

We’ve put together a list of 5 detached Toronto houses below or near average price of $1.4 million.

A list of homes excellent for young professional couples, large families, interested investors, want o be landlords and home flipper delights.

You don’t want to miss these!

#1 – Cozy Yuppie Dream Bungalow in Forest Hill

For sale detached home in Forest Hill North, 21 Latimer Avenue is a 2-bed 2-bath bungalow.

Though this detached Toronto home may be small, it’s in excellent shape for a lived-in bungalow, making for a comfortably cozy home for its next residents.

But what’s best is:

Located in a prominent area and close to a future subway station, this property is in excellent proximity with the city not far from your doorstep.

An excellent opportunity for cozy Toronto living or a returning investment on a flip or rent.

21 Latimer Avenue

Listing Price

$1,299,000

A Charming And Cozy,
Two-Plus Bedroom,
Two Bathroom Detached Home.”
– Seller’s remarks

“Spacious Layout With A Generous Floor Plan, Open-Concept Living And Dining, Bright Kitchen With Ample Cabinetry, Main Floor Features Two Bedrooms With Built-In Closets And A Walk-Out To The Patio, Finished Basement Features Full Bath And Two Rec Rooms That Are Easily Convertible Into Additional Bedrooms, Private Backyard With Covered Patio.”

Click on photos to enlarge and read full captions.

Tweet this detached Toronto home!

Tweet: for sale Cozy yuppie dream bungalow in Forest Hill North [below Toronto detached $1.4 million average] https://ctt.ec/5MURG+

 

 

Excellent home for a young couple!

This cozy Toronto bungalow is an excellent purchase for young professionals who need the city at their doorstep, but don’t want to live downtown.

What makes this bungalow so great?

It’s in proximity location to the upcoming Chaplin Station, giving it a future ease of access to the city.

Which makes it great Toronto property for a downtown commute, professional or leisure.

The best part is:

its location in the prominent Forest Hill neighbourhood with a private backyard and covered patio.

You may be wondering:

“What makes this bungalow a great choice for young professional couples?”

With 2 bedrooms on the main level and a spacious combined living and dining room, the bungalow has a spare bedroom for an addition to the family.

The basement is finished with two rec rooms perfect for storage, an office, more bedrooms or an entertainment room.

The verdict is in!

With plenty of room for additions and improvements this cozy for sale bungalow makes for an excellent home for a young professional couple looking to plant their dream home in Forest Hill North.

Opportune home for flipping! [It’s near literally got flipper written all over it]

Calling all investors and home flippers!

No, this bungalow is not in dire need of renovation, but it could use it.

What’s best about this listing is:

Below average price for a detached Toronto home. It’s more than affordable.

But wait, that’s not it.

Due to it’s below average affordability and it’s location within a prominent neighbourhood, it leaves a fair amount of room for return when relisting after renovation or speculation.

But let’s be clear.

Speculate on this property all you want, hell, even live in it, but if you don’t renovate you’re missing out on it’s full potential.

That’s right, you heard me.

A below average price for detached property, that’s asking for a makeover and that’s in a neighbourhood that won’t be losing value in any foreseeable future.

That’s an excellent investment opportunity in Toronto real estate.

#2 – Spacious family home in one of Toronto’s best neighbourhoods

2-storey 4-bed 2-bath detached home, 40 Fairholme Avenue is located in the Englemount-Lawrence area.

An excellent home for a family, with a spacious interior and plenty of rooms.

It’s most notable features are:

A large corner lot with plenty of yard space.

A spacious home with room for renovation and improvement.

4 bedrooms and a basement recreation room.

40 Fairholme Avenue

Listing Price:

$1,119,000

“Large 4 Bedroom With
Large Addition In Premium
Location, Bathurst & Lawrence”
– Seller’s remarks

“50 Ft Frontage Lot On Fairholme, Lots Of Natural Light, Hardwood Floors Throughout, Large Main Floor With Family Room, Den, & Office. 2 Car Garage In Back Of House. Close To Schools, Parks, Places Of Worship, Shopping & Transit.”

Check out the virtual tour for 40 Fairholme Ave

Tweet this detached Toronto home!

Tweet: for sale Spacious family home in one of Toronto's best neighbourhoods [below Toronto detached $1.4 million average] https://ctt.ec/dL6u6+

The potential dream home for a large family!

With 4 bedrooms, a basement rec room and spare room (office)

40 Fairholme Avenue is an excellent listing for a large family with plenty of available rooms, given the dedication of transformation.

The best family feature being:

a bright spacious 2-storey home with a large (for Toronto) lush green lawn.

I know what you’re thinking.

At first sight, it may not have the captivation and branding that others have on the market.

But take a moment with me, close your eyes and imagine the possibilities.

Exciting right?

A spacious home in Toronto, a detached home below the average selling price.

That’s a steal and if you want that dream home in Toronto, this home comes with a little bit of imagination.

It’s begging for a family that is motivated and excited to build their dream home and give new life to this vintage lot.

My house profiles bring all the flippers to the yard!

Yeah sorry investors, we’re not really recommending speculating on this property.

That is!

Unless you have some grand future goal of renovating this home.

Then sure, come along for the ride.

“So what makes this home such a flip?”

It’s a spacious house with plenty of rooms and a large lot.

It’s begging for a renovation, expansion or whole new build.

But what really sells this house as a flip is:

2-storey 4-bed 2-bath detached Toronto house for sale and, most importantly, listed below the average selling price for detached homes in Toronto.

That’s a lot of space and property to build upon with plenty of room for profit.

Especially considering:

The Englemount-Lawrence neighbourhood is a highly sought-after and prominent residential neighbourhood in Toronto.

That means:

A secure chance of profit return with speculation.

Especially through renovation.

#3 – Renovated detached home in Lawrence Park North perfect for a family

2-storey 3-bedroom 2-bathroom detached home in Lawrence Park North, 211 Old Orchard Grove is the perfect home for a family.

But what makes it just that is:

It’s a spacious and master-craft home with rich fine decor details.

It’s prime location in sought-after Lawrence Park North area.

A great neighbourhoood!

Sought-after for a reason.

It’s an excellent area for Toronto families because it’s in proximity with prestigious John Wanless School district.

A beautiful detached family home waiting in Lawrence Park North for its new soul.

211 Old Orchard Grove

Listing Price

$1,295,000

“This Is A Wonderfully Charming
3 Bedroom Detached Family Home
In The Highly Sought-After
John Wanless Public School District.”
– Seller’s remarks

“Move-In Condition! Richly Detailed Thru-Out. Superb Woodwork. Classic Stained & Leaded Glass Windows. Double French Glass Doors. Beautiful Fireplace Mantle With Built-In Leaded Glass Cabinets. Formal Dining Room With Wainscoting. Renovated Eat-In Kit Has Granite Counter-tops, Dining Room Pass-Thru And Separate Built-In Breakfast Bar/Desk.”

Check out the virtual tour for 211 Old Orchard Grve

Tweet this detached Toronto home!

Tweet: for sale Renovated detached home in Lawrence Park North (perfect for a family) [below Toronto detached $1.4 million average] https://ctt.ec/fw0UU+

Richly decorated and renovated Toronto home fully equipped and situated for family living

Not only is this house a spacious 2-storey home with 3 bedrooms, 3 washrooms and a finished basement.

But the part that makes this detached Toronto home the perfect purchase for a family is it’s proximity.

The best part is its located in Lawrence Park North.

A sought-after family neighbourhood with great school districts, many Yonge St. amenities and a city in your backyard and at your doorstep with TTC.

The highlight of this home is its below average price of a Toronto detached home. [Toronto detached home selling price of $1.4 million]

That’s a below average priced home, spacious, detached and in an excellent Toronto neighbourhood.

That and it’s fine craftsmanship.

That’s why I say.

“Consider it an asset property, and nothing more!”

I think you’re insane if you look at this property and think that it’s the lot to build your dream home on, or even a home you’re looking to fix up.

I say so because it’s a beautifully crafted house that’s had plenty of work put into it.

I think you’d agree.

You’d be crazy to think this place needed more work extensive work.

It’s a home ready to be lived in and enjoyed.

That’s why I’m saying,

“If you’re looking to invest in Toronto real estate, this ones an asset to live in and speculate on. Nothing more.”

Perfect opportunity for someone looking to both live and invest in Toronto real estate.

#4 – Renovated bright detached home looking for an investor/landlord

Compact 2-storey 3-bedroom 3-washroom detached home for sale in Lawrence Park North, Toronto.

It’s most notable feature is it’s quaint architectural design.

Surprisingly one that with renovated interior is a home with unique special features from room shapes to slanted ceilings to balcony from the 2nd floor.

Yet despite its obvious extravagance, the home is brilliantly designed to serve as a functional and thoughtfully-designed home.

With a basement apartment it makes for an excellent investment in Toronto real estate whether that be you renting out the entirety of the house or living in the upper levels and renting out your prepped basement.

110 Lawrence Avenue West

Listing Price:

$1,488,888

“Act Fast And Don’t Miss
This Fantastic Opportunity!
Convenient Coveted Location In
Sought-After Lawrence And Yonge.”
– Seller’s remarks

“This Extremely Charming Bright And Thoughtfully Updated Property With Private Oasis Backyard. Legal Front Pad Parking. Close To All Amenities, Yonge Subway, Shops, Parks, Restaurants. Fantastic Schools (Bedford Park, Lawrence Park)”

Check out the virtual tour for 110 Lawrence Ave W

Tweet this detached Toronto home!
Tweet: for sale Renovated bright detached home looking for investor and landlord [near Toronto detached average] https://ctt.ec/219N7+

Bright and beautiful 2-storey family home

A cozy and unique 2-storey 3-bedr 3-bath home.

This home, located in Lawrence Park North, is an excellent choice for a family home mainly due to it’s prominent area.

What makes it so good is:

-Great school districts

-Plenty of amenities

-Plenty of shops and entertainment

-Plenty of parks

Who needs a park? With a backyard like that.

No, it won’t impress the country boy, but it will make any urban dweller proud, as they sip on their home brewed cappuccino each morning, basking in the 2 car-space of lush green.

Become the landlord of your basement!

Equipped with the essentials, the finished basement is rent ready, with kitchen and bathroom.

An excellent opportunity!

That is for living in the upper level and renting out your basement.

A great option for monthly cash, helping pay off that mortgage on your new powerful asset.

The other option being:

Split the house into two rent ready units and use the property as an and asset and investment.

Again using that rent money to feed your mortgage.

A great choice for investing in Toronto real estate.

#5 – Cozy cottage bungalow looking for modern makeover

For sale 3-bed 2-bath bungalow in Lawrence Park North,

Yes! Yet another house in Lawrence Park North.

Cozy cottage bungalow for sale in Toronto!

Looking for yuppies, married couple, retired couple.

Any couple! Just not too many.

Any couple looking for a small home they can build and shape their dream home out of vintage lot.

The perfect size for any couple.

Great opportunity for any couple looking to live on the main floor and have a fund to help with mortgage by renting out the basement apartment.

194 Lawrence Avenue West

Listing Price:

$998,900

“Attention 1st Time
Buyers/Builders/Investors!
Sought After Lawrence Park North
One Of The Best Neighbourhoods To Live In.”
– Seller’s remarks

“Move In Ready, Potential Rear Addition Or New Build Potential. In Multi-Mil $$ Custom Built Neighbourhood. Steps To Avenue Road Shopping! Walking Distance To Subway. Family Neighbourhood With Amazing Schools! 20 Mins To Downtown, Close To Parks, Worship Places. Custom Oak Plank Floors Thru Out, With Large Attic Storage.”

Check out the virtual tour for 194 Lawrence Ave W

Tweet this detached Toronto home!

Tweet: for sale Cozy cottage bungalow looking for modern makeover [way below Toronto detached $1.4 million average] https://ctt.ec/fanNd+

Bungalow perfect for a couple

Young, old, married or professional, this home is perfect for a couple.

That’s not to say it can’t host a small or new family.

But I’m calling all motivated couples.

Married, young, professional couples.

Looking to get their foot in the door of Toronto real estate.

The type of couple that has dreamed of grabbing a time worn bungalow and fixing it up.

That bungalow is here.

And its got your dream already living in it.

Also an opportune property for living and being the landlord of your basement.

Bungalow waiting to be flipped and rented

Gather your pitchforks and light your torches!

Shout through the town, gather the young the old, anyone that can make a stabbing motion.

Come hunt me down, I’m going to say it.

“This home needs to be flipped.”

Obviously the seller doesn’t have the time, resources or concern to renovate this property and drive it into the luxury listings.

But you can.

What really sweetens the deal is the home is prepped with amenities to support two separate units.

Making this property and excellent investment opportunity in both the flipping and selling and the flipping and renting department.

Be back next week for our next [Toronto For Sale List]

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