Welcome to 1237 Glencairn Avenue, a versatile and highly sought-after investment opportunity in the heart of Toronto. This well-maintained and freshly painted 2-bedroom bungalow sits on a deep 23.5 x 123 ft lot and offers exceptional potential for end-users, investors, builders, and developers. The main level features a functional layout with good natural light, while the lower level includes a separate, fully tenanted 2-bedroom apartment-ideal for immediate rental income. The home also includes shared coin laundry, a sump pump, and a backflow preventer, adding both convenience and peace of mind.Outside, the property boasts a large backyard, shared driveway, and a detached rear shed, providing ample outdoor space and storage. The seller can provide existing architectural plans for a proposed two-storey triplex with a garden suite, offering multiple avenues for future value creation. Whether you choose to live in, renovate, hold as an income property, or build a new single-family or multi-family dwelling, the possibilities are extensive. With potential opportunities to assemble neighbouring properties for larger development projects, this address represents a rare chance to secure a flexible and high-upside property in a rapidly evolving neighbourhood. A smart buy for today-and an even smarter one for the future. Great access to transit, shopping, and access to all local amenities.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
< 700
Lot Depth:
122'37.2 m
Lot Frontage:
23'6"7.16 m
Lot Details:
23.50 x 122.00 Feet
Direction Faces:
South
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
# Main Level Bedrooms:
1
# Main Level Bathrooms:
0
Rooms Above Grade:
4
Rooms:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$3,484 /
2025
Assessment:
$- /
-
Toronto
Toronto W04
Yorkdale-Glen Park
Public Transit
Sump Pump
Hot Water Tank
2 x Fridge, 2 x Stove, Microwave (basement), washer/ dryer, all elfs, all window coverings.
Data was last updated November 25, 2025 at 01:15 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,599,000
Min list price:
$929,000
Max list price:
$2,850,000
Avg days on market:
53
Min days on market:
4
Max days on market:
304
These statistics are generated based on the current listing's property type
and located in
Yorkdale-Glen Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.