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$1,280,000Asking Price

124 Patricia Avenue, Toronto C07, ON M2M 1J4

Newtonbrook, Toronto

Detached
3 + 1
Bedrooms
2
Baths
4
Parking
Day 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.

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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.

Key Info

  • Bungalow Detached
  • 3-Car Driveway
  • 1-Car Attached Garage
  • Yonge St/Steeles
  • 1100-1500 Approximate Sq Feet
  • Finished Basement
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 50 x 130 Feet
  • Brick Exterior
  • Taxes were $7,126 in 2026

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  • Green Property Info Statement
  •  
  • MLS #C13435342
  • RIGHT AT HOME REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 13.52' x 9.68'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom

Who lives here?

Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

43% of residents
are renters.

43% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

56% of residents are
university grads.

56% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$111K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 10%
Government 8%
Sciences 7%
Management 7%

Immigrants

66% of residents were
born outside of Canada.

66% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 11.2% of immigrants.
Iran 10.9%
China 7.4%
South Korea 6.7%
Hong Kong 2.6%

11.2% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 3.9% of immigrants.
Iran 3.2%
China 1.3%
South Korea 0.5%
India 0.4%

3.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Persian 11%
Korean 9%
Tagalog 8%
Russian 7%
Mandarin 7%

Religions

Religions

Christian 52%
Muslim 12%
Jewish 7%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)