Separate Basement Suite + 3 Beds on 40x125 Lot in Wexford

Property details for 59 Lilian Drive, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 6
Bathrooms: 4
Lot Size: 40 x 125 FT
Stories: 1
Basement: Apartment in basement, Separate entrance, N/A, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,305

The basement is the real story here. It's a full separate unit with its own kitchen and entrance, living space and a rec room, which means you could rent it out for serious income or let the in-laws have their own floor. The main floor has 3 bedrooms, a bathroom, and a powder room, and the whole house sits on a 40 by 125 foot lot. That's big for the area, and it's fully fenced, so if you've got kids or dogs, you're set. The house itself is a brick bungalow, one storey, with hardwood and laminate floors, central air, and a deck off the main living area that's got decent space for a BBQ. There's no garage, but you get 3 parking spots on the driveway. Location is hard to beat for transit. You're steps to a TTC bus stop, and the 404 and 401 are minutes away. You can walk to Costco in about 15 minutes, and Parkway Mall is a 5-minute drive. A bunch of schools are nearby too, including Wexford Collegiate. Taxes run about $4,300 a year, and at $899k, this is priced in line with the one other listing nearby. It's a solid pick for first-timers who want to offset the mortgage with rent, or anyone looking to add an income property.

About 59 Lilian Drive, Toronto — Property Score

Hot Market Well Priced

Score: 69/100

Value

Priced 22.5% below area median of $1,160,000 based on 589 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

4 bathrooms - 2 more than similarly priced properties nearby 84

5,000 sqft lot - a standard lot for the area 65

Location

$68K median household income - near the Canadian average of $70K 64

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

76% homeownership rate - indicating a stable, owner-occupied community 83

37% of residents commute under 30 minutes - longer average commute times 60

5,100/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 46 days on market 100

+14984.7% median price change over 1 month - rising prices in the area 100

33 months of housing supply - 3070 active listings with 93 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.2 spots 80

Apartment in basement, Separate entrance, N/A, N/A basement - potential for additional finished space 70

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.48% effective tax rate ($4,304/yr) - very low tax burden 86

24% renter population - primarily owner-occupied area 59

Quality

Condition

Listing

14 photos provided - below the area average of 36 photos 75

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.