Five-Bed Backsplit Near Seneca with Legal Basement Potential

Property details for 40 Brahms Avenue, Toronto

Type: Residential
Bedrooms: 5
Bathrooms: 3
Lot Size: 56 x 108.9 FT
Basement: Finished, Separate entrance, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $7,052

This four-level backsplit on Brahms feels bigger than its 2,500 sq ft. The upper floors have hardwood and ceramic throughout, with a proper layout for a growing family. Main floor dining room walks out to a deck, and the lower-level family room opens to a private yard. That's two fireplaces total. The basement has its own entrance, a fifth bedroom, and a den. Easy to make a rental unit or in-law suite. Brick exterior, concrete foundation, attached double garage, plus two more driveway spots. Near Seneca College (0.9 km), A.Y. Jackson Secondary School (1.2 km), Fairview Mall (2.3 km), and North York General (2.8 km). Highway 404/401 are quick. Taxes run about $7,052. Similar places list for $1.76M, so this one at $1.55M gives you room. Six active listings nearby, four sold in the last month at a median of $811,500. Not a steal, but the separate entrance and layout add real value.

About 40 Brahms Avenue, Toronto — Property Score

Great Location Feature Rich

Score: 66/100

Value

Priced 1.2% below area median of $1,569,000 based on 865 comparable properties nearby 72

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - typical for similarly priced homes 60

3 bathrooms - typical for similarly priced properties 60

6,098 sqft lot - a generous lot for the area 78

Location

$80K median household income - above the Canadian average of $70K 70

93% of residents hold postsecondary credentials - a highly educated neighbourhood 99

85% homeownership rate - indicating a stable, owner-occupied community 89

41% of residents commute under 30 minutes - good commuting convenience 63

1,904/km² population density - a well-balanced suburban area 89

Market

Just listed - area average is 58 days on market 100

-99.1% median price change over 1 month - declining prices in the area 1

37.5 months of housing supply - 2961 active listings with 79 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.2 spots 95

Finished, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.46% effective tax rate ($7,051/yr) - very low tax burden 86

15% renter population - primarily owner-occupied area 48

Quality

Condition

Listing

17 photos provided - below the area average of 36 photos 85

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.