Drewry Avenue
550 m Away2020
Sign In To See The Price340 Patricia Avenue, Toronto, ON
Newtonbrook West, Toronto · MLS® C14142132
$1,899,000
For SaleListed 9 Days Ago
3+6BedroomsBeds
8BathroomsBaths
6Parking
1100-1500Sq ft
Listed By RE/MAX Realtron Bijan Barati Real Estate
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Key Facts
- Property type
- Detached, Other
- Lot
- 50 × 133.8 ft
- Basement
- Finished with Walk-Out, Separate Entrance
- Parking
- 6 parking
- Property tax
- $6,591 / 2025
- Offer date
- None stated
- Cross streets
- Yonge St/ Patricia Ave/ Bathurst St
- Days on market
- 9
All Facts And 22 Rooms, Floor By Floor
- Property type
- Detached, Other
- MLS®
- C14142132
- Bedrooms
- 3+6 (9 total)
- Bathrooms
- 8 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 50 × 133.8 ft
- Cross streets
- Yonge St/ Patricia Ave/ Bathurst St
- Parking
- 6 parking
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 5 (1 + 4)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Shingles, Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $6,591 / 2025
- Days on market
- 9
- Offer date
- None stated
- Listing brokerage
- RE/MAX Realtron Bijan Barati Real Estate
BedroomSecond3.24 × 2.61 m
3 pc ensuite · laminate · closet
Living RoomBasement4.34 × 2.65 m
3 pc bath · heated floor · led lighting
BedroomMain3.68 × 2.82 m
4 pc ensuite · laminate · b/i closet
Bedroom 4Basement3.58 × 2.73 m
above grade window · closet · broadloom
Living RoomSecond3.38 × 2.53 m
laminate · open concept · led lighting
Bedroom 5Basement3.58 × 2.33 m
3 pc bath · above grade window · b/i closet
BedroomBasement9.50 × 2.45 m
heated floor · b/i closet · window
KitchenBasement2.58 × 2.35 m
heated floor · stainless steel appl · led lighting
Dining RoomBasement2.39 × 2.11 m
heated floor · window · open concept
Bedroom 3Main3.38 × 2.70 m
hardwood floor · window · closet
Primary BedroomMain3.60 × 3.40 m
4 pc ensuite · hardwood floor · closet
KitchenMain3.10 × 2.46 m
hardwood floor · granite counters · pantry
Living RoomBasement5.51 × 3.58 m
combined w/dining · broadloom · above grade window
Dining RoomMain2.53 × 2.36 m
w/o to patio · laminate · led lighting
KitchenMain4.03 × 2.35 m
stainless steel appl · laminate · led lighting
Dining RoomBasement5.51 × 3.58 m
combined w/living · broadloom · led lighting
Living RoomMain3.10 × 2.81 m
2 pc bath · laminate · led lighting
Living RoomMain5.10 × 3.30 m
hardwood floor · bay window · crown moulding
Dining RoomMain2.61 × 2.40 m
hardwood floor · open concept · crown moulding
KitchenSecond3.93 × 2.54 m
stainless steel appl · laminate · led lighting
BedroomSecond2.74 × 2.61 m
laminate · closet · led lighting
Bedroom 2Main3.61 × 2.54 m
hardwood floor · ceiling fan(s) · closet
About This Home
From The Listing Description By RE/MAX Realtron Bijan Barati Real Estate
In short
- 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...
- The Newly Masterfully Built Garden Suite In 3Levels (3X645 = 1935 Sq.
- These Configuration Includes Main Basement Apartments& 3 Garden suites Creates Excellent Potential For Rental Income& Enhances The Property's Revenue Opportunities.
- The New Garden Suite Represents A Significant Investment, With Construction Costs Exceeding $700,000.
Read The Full Description
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!
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A small discount is typical
$1.83Mlikely sale price
Listed at $1,899,000. Going by how homes in Newtonbrook West and across Toronto have actually closed against their asking prices (about 96%, blended from 17 local closings in 90 days), the likely sale price is near $1.83M, if it sells. A realistic range is $1.73M to $2.07M.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
List price
$1.73MBelow recent closings$2.07MAbove recent closings
Total price vs nearby homes. Likely closing about $1.83M, from 17 recent closings in this pocket.
The market behind the math, in Newtonbrook West
17sold nearby · 90 days
$1.30Mmedian detached sold · 90 days
95%of asking, local average
~20 dayshomes like this take to sell
9days on market so far
$3,090/moest. rent · 7 leases
2.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market
About 3.5 months of inventory: 20 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $1,461/sqft against an area asking average of $684/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Walk-out basement apartment features. A finished 6 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook West: 47 of the 196 detached leases here lately were basement units, around $1,795 a month. That points to potential income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.
Based on 17 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Newtonbrook West: $1.41M in October 2026, up 25% from a year ago, on 74 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.10M | 7 |
| December 2025 | $1.19M | 5 |
| March 2026 | $1.02M | 5 |
| April 2026 | $1.20M | 10 |
| May 2026 | $1.20M | 14 |
| June 2026 | $1.20M | 10 |
| July 2026 | $1.13M | 7 |
| August 2026 | $1.68M | 7 |
| October 2026 | $1.41M | 9 |
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 1 km of Patricia Avenue. Signed-in members see each price, verified against board records.
Homewood Avenue
50 m Away2016
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Pleasant Avenue
500 m Away2018
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Green Bush Road
850 m Away2026
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Lissom Crescent
700 m Away2020
Sign In To See The PriceOther Homes For Sale In Newtonbrook West
For sale in Newtonbrook West now · asking prices
How This Price Compares
$1.99Mavg asking
Every home like this one for sale in Newtonbrook West right now. These are asking prices, not sales.
6 Brill Crescent $720/sqft$1.98M116 Goulding Avenue $400/sqft$2.00M9 Tigerlily Court $654/sqft$1.80M28 Clarkhill Street $471/sqft$2.00M25 Clarkhill Street $506/sqft$2.15M
Per square foot, these ask about $550/sqft; this home lists at $1,461/sqft.
The 5 closest in price of 29 for sale in Newtonbrook West.
See all comparable homesNeighbourhood & Location
Newtonbrook West, Toronto, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
60%
Fisherville Senior Public SchoolEQAO results not published
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Pleasant Public School · Public elementary0.4 km · 58% at standard
North West Secondary Alternative School · Public secondary0.5 km
Newtonbrook Secondary School · Public secondary1.1 km · 68% at standard
Drewry Secondary School · Public secondary1.2 km
St Antoine Daniel Catholic School · Catholic elementary1.2 km · 58% at standard
Rockford Public School · Public elementary1.4 km · 54% at standard
Yorkview Public School · Public elementary1.6 km · 52% at standard
Northview Heights Secondary School · Public secondary1.6 km · 72% at standard
St Cyril Catholic School · Catholic elementary1.9 km · 90% at standard
Churchill Public School · Public elementary1.9 km · 83% at standard
Willowdale Middle School · Public elementary2.0 km · 78% at standard
Lillian Public School · Public elementary2.4 km · 62% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$8,655/mo
$349KIncome needed
5.4×Price ÷ income
$1,997Weekly cost
$68,910Land transfer tax, one-time (Ontario + Toronto)
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Mortgage is 94% of the monthly costMortgage $8,655Property tax $549Total carry $9,204
Calculate And Customize Your Mortgage
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
$
20.0%
$
%
Homes over $1.5M can't be insured, so 20% down or more is required.
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 12, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$8,485per month
Mortgage amount $1,519,200 · 4.59% over 25 years
$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$9,034Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,485
- Property tax
- $549
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,034
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,455
- Toronto municipal land transfer tax
- $34,455
- Estimated closing costs
- $68,910
Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$10,259/monthPayment at the qualifying rate
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
$1,026,162Total interest paid
$2,545,362Total of all payments
Principal $1,519,200 Interest $1,026,162
YearPrincipalInterestBalance
1$33,432$68,383$1,485,768
2$34,984$66,831$1,450,784
3$36,608$65,206$1,414,176
4$38,308$63,507$1,375,869
5$40,086$61,728$1,335,782
6$41,947$59,867$1,293,835
7$43,895$57,920$1,249,940
8$45,933$55,882$1,204,008
9$48,065$53,749$1,155,943
10$50,297$51,518$1,105,646
11$52,632$49,183$1,053,014
12$55,075$46,739$997,939
13$57,632$44,182$940,307
14$60,308$41,507$879,999
15$63,108$38,707$816,891
16$66,038$35,777$750,854
17$69,104$32,711$681,750
18$72,312$29,503$609,438
19$75,669$26,145$533,769
20$79,182$22,632$454,587
21$82,858$18,956$371,729
22$86,705$15,109$285,024
23$90,730$11,084$194,294
24$94,943$6,872$99,351
25$99,351$2,464$0
At the end of your 5-year term
- Total paid over the term
- $509,072
- Principal paid down
- $183,418
- Interest paid
- $325,655
- Balance remaining
- $1,335,782
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Questions About 340 Patricia Avenue
What is the asking price for 340 Patricia Avenue?
It is listed at $1,899,000.
How many bedrooms and bathrooms does 340 Patricia Avenue have?
3+6 bedrooms, and 8 bathrooms (1 of them a half bath).
How big is 340 Patricia Avenue?
The listing gives 1100-1500 sq ft of living space, on a 50 × 133.8 ft lot.
Does 340 Patricia Avenue have parking?
6 parking spaces, no garage listed.
What are the property taxes on 340 Patricia Avenue?
$6,591 a year, for 2025.
Is there an offer date for 340 Patricia Avenue?
The listing does not state an offer date.
Which schools is 340 Patricia Avenue zoned for?
By the school boards' attendance boundaries: R J Lang Elementary and Middle School, Fisherville Senior Public School, Avondale Secondary Alternative School and St. Paschal Baylon. Boundaries change, so confirm with the board before relying on it.
When was 340 Patricia Avenue listed?
It came on the market on November 3, 2026.
Who is the listing brokerage for 340 Patricia Avenue?
RE/MAX Realtron Bijan Barati Real Estate. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 340 Patricia Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Realtron Bijan Barati Real Estate. MLS®/PropTx.