54 Byng Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 32 x 100 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this renovated detached home in a highly desirable and convenient Scarborough neighbourhood! Featuring 4+3 bedrooms and 4 full washrooms, this spacious and versatile property offers an excellent opportunity for first-time buyers, large or multi-generational families, and investors. The home has been thoughtfully updated with new laminate flooring, creating a bright, clean and move-in-ready living environment. Offering flexible living spaces and excellent income potential, the property was previously rented by the seller for approximately $6,000 per month. Major upgrades add even more value, including a new 200-amp electrical panel, owned furnace, owned heat pump, and a new Rinnai tankless hot water system. A 2-unit permit application is currently in process, offering additional future possibilities for the property. The generous backyard also provides space with potential for a future garden suite, subject to municipal approvals and applicable regulations. Location is another major highlight! Just steps to TTC and only minutes from Victoria Park and Warden subway stations, making commuting throughout Toronto convenient. Enjoy easy access to schools, recreation centres, libraries, grocery stores, parks, places of worship, shopping, restaurants and everyday amenities. A rare combination of space, renovations, income potential, major mechanical upgrades and a convenient Scarborough location. Whether you're looking for a family home or an investment property with future potential, this one is well worth seeing. Don't miss it!
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Property Summary
This detached home located at 54 Byng Avenue, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 7 beds, 4 bathrooms, and is 1500-2000 square feet. 54 Byng Avenue, Toronto is in the Oakridge neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Oakridge, Toronto.
- •7 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Oakridge, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 54 Byng Avenue, Toronto, ON
Q.What is the asking price for 54 Byng Avenue, Toronto, ON ?
The current listing price for 54 Byng Avenue, Toronto, ON in Oakridge, Toronto is $899,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 54 Byng Avenue, Toronto, ON ?
54 Byng Avenue, Toronto, ON is a Detached (1 1/2 Storey) featuring a Finished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Oakridge, Toronto
244 assaults (1563.0/100k)
38 B&E (243.4/100k)
25 thefts (160.1/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 54 Byng Avenue, Toronto, ON M1L 3N7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $899,000 in Toronto, the legal minimum down payment is $64,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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