46 Days on Market

386 Westmoreland Ave, Toronto, Ontario M6H 3A7

$1,399,999
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Detached
2 + 2
2
~2124 sqft

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Highlights

Estimated Value$1,356,000*

Price/Sqft$659/sqft

Days On Market46 days

Est. Mortgage$6,012/mth

Tax Amount (2023)$5,250/yr

*Last updated on: 24/07/26

Description

Discover the hidden potential of this versatile property at at 386 Westmoreland Road North, offering far more than meets the eye and presenting a lucrative investment opportunity in Toronto's competitive market. Currently configured as two separate units, each boasting two spacious bedrooms, large eat-in kitchens with generous counter space, and separate laundry facilities on each floor; however, this property can effortlessly transition back into a single-family residence, with optional in-law suite. The main floor features a sizable open living area with dining or office space, and the basement contains a bright open concept kitchen and living area. With the option to expand upwards by adding a second floor or building a laneway home or garage (garage permit already secured but can be upgraded to a laneway home), the possibilities for future development are limitless. Act now to secure this prime and affordable real estate investment, ensuring immediate mortgage coverage and laying the groundwork for substantial future returns. Schedule a viewing today to experience its impressive size, impeccable maintenance, and recent updates including new windows, roof, bathroom vanities, and more, making it an exceptional opportunity not to be missed.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2124 SqFt
Lot Size2,835 SqFt(126 x 22.5)
Parking Spaces2
MLS ®Number40606781
Community NameDavenport
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Main Floor

Foyer

4.37 x 1.22

carpet free / open concept

Living Room/Dining Room

7.90 x 3.25

carpet free / finished / hardwood floor

Laundry

3.53 x 1.60

finished / hardwood floor / laundry

Bedroom Primary

4.39 x 3.15


Features

Lot size: 2,835 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
Listed for$1,399,999
44 days on market
history photo preview14
Now
Listed for$1,399,999
46 days on market
history photo preview25
Jun 17, 2024
Listed for$1,499,999Terminated
25 days on market
history photo preview36
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Property listed by SUTTON GROUP ELITE REALTY INC BROKERAGE, Brokerage

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Market DataFor the past 30 days in Davenport

Median Selling Price

$1,275,000

0.39% more than GTA:

$1,270,000

Median Bidding

Underbidding - Trending to buyer market

-$9,000

GTA median: -$24,999

Median Number of Sales

5 sales

2164 sales less than GTA:

2169 sales

Median Number of Days on Market

8 days

6 days less than GTA:

14 days

Want more insights?Visit the Market Pulse


Schools and amenities

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