6-Bed Willowdale East Reno with Rental Basement

Property details for 162 Byng Avenue, Toronto

Type: Residential
Bedrooms: 6
Bathrooms: 5
Lot Size: 45.5 x 120 FT
Stories: 2
Basement: Finished, Walk out, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $12,925 (2025)

This is a big one. A fully renovated 2-storey detached house in Willowdale East with about 3,500 square feet of living space (a guess based on the 6 beds and 5 baths). You're getting 5 bedrooms upstairs plus a full walk-out basement with its own kitchen and bathroom. That basement is currently rented out, bringing in steady monthly income. The main floor has an open layout with living, dining, family rooms, plus an office. Kitchen got a full designer renovation. Engineered hardwood runs through most of the place. No carpet anywhere. Exterior is brick and stone. Lot is 45.5 x 120 feet, so there's room out back. Parking for six cars including an attached garage. Central air and forced air gas heating. Taxes run about twelve-nine a year. Location is solid. You're a short walk to Mitchell Field Community Centre and park. Schools nearby include Claude Watson School for the Arts and Cardinal Carter Academy. Or take the 97 bus on Bayview or hop on the subway at Sheppard-Yonge. Groceries and shops are at Bayview Village or Empress Walk. Listed at $2,580,000. Median around here is $2.68M, so it's priced under that, and it went up 18 days ago. Two homes sold within the last month for around $2M, but those were smaller. If you're looking for a place that can house a big family and help with the mortgage via the basement, this is worth a look.

About 162 Byng Avenue, Toronto — Property Score

Great Location Feature Rich

Score: 62/100

Value

Priced 38.1% above area median of $1,868,450 based on 650 comparable properties nearby 13

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 1 more than similarly priced 5-bedroom homes nearby 72

5 bathrooms - 1 more than similarly priced properties nearby 72

5,460 sqft lot - a standard lot for the area 65

Location

$72K median household income - near the Canadian average of $70K 66

91% of residents hold postsecondary credentials - a highly educated neighbourhood 97

91% homeownership rate - indicating a stable, owner-occupied community 94

42% of residents commute under 30 minutes - good commuting convenience 63

3,837/km² population density - a well-balanced suburban area 92

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

6-car garage - more than the area average of 4.2 spots 95

Finished, Walk out, 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

0.5% effective tax rate ($12,925/yr) - very low tax burden 85

11% renter population - primarily owner-occupied area 44

Quality

Condition

Listing

42 photos provided - 17% 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.