50 x 132 Foot Lot on Quiet North York Street

Property details for 270 Homewood Avenue, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 50 x 132.1 FT
Stories: 1
Basement: Unfinished, Separate entrance, N/A, N/A
Parking: No Garage
Heating: Forced air, Oil
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $6,722

Just west of Yonge, on a street lined with newer infills, this 3-bed bungalow sits on a rare 50 x 132 foot lot. The brick exterior and block foundation are solid, but the inside is dated. Ceramic tile floors run through the main level, where you'll find a combined living and dining room plus a galley kitchen. The three bedrooms are your standard post-war proportions, and there's a single four-piece bath. Heated by oil, with central air to keep things cool. A roof replaced in 2022 is the only major update. What you're really buying here is the dirt, not the house. Steps to TTC buses on Finch, and a short drive to shops and restaurants. Zero to Highway 401 in about 5 minutes. Basement is unfinished but has its own separate entrance, doubling the potential. Parking for two cars. Taxes just over $6,700. Move in as is or plan for a reno. If you're considering building, check zoning and comps. Sales nearby are averaging 47 days on market.

About 270 Homewood Avenue, Toronto — Property Score

Great Location

Score: 64/100

Value

Priced 0.8% above area median of $1,139,500 based on 584 comparable properties nearby 69

Stable pricing - no price changes since original listing date 50

Size

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

1 bathroom - 1 fewer than similarly priced properties nearby 48

6,605 sqft lot - a generous lot for the area 78

Location

$77K median household income - near the Canadian average of $70K 69

83% of residents hold postsecondary credentials - a highly educated neighbourhood 90

84% homeownership rate - indicating a stable, owner-occupied community 89

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

3,409/km² population density - a well-balanced suburban area 96

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

2-car garage - area average is 4.2 spots 80

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

standard forced air system 75

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.58% effective tax rate ($6,721/yr) - very low tax burden 83

16% renter population - primarily owner-occupied area 50

Quality

Condition

Listing

41 photos provided - 14% more than the area average of 36 photos 92

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.