Vaughan Road live-work with 3 bed upper, commercial main

Property details for 724 Vaughan Road, Toronto

Type: Residential
Bedrooms: 3
Bathrooms: 2
Lot Size: 33.5 x 110 FT
Stories: 2
Basement: Full
Parking: No Garage
Heating: Natural gas
Cooling: None
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,389 (2025)

On Vaughan Road, right near the Oakwood Village strip, this two-storey brick house is set up for split living. The main floor has its own kitchen, dining room, and living room, while the second floor has a second kitchen, a family room, and three bedrooms, including the primary. So you've got two independent units. Basement is full and has a laundry room plus a bathroom. Sits on a 33.5 by 110 foot lot, with parking for four cars in the back. No garage, though. The place is carpet-free, which is nice, and the foundation is concrete. Built in 1920, it's got that older character but you'll need to update some systems. Taxes run about $4,389 a year. Its zoning is RA 777, which allows for residential and commercial uses, so you could live upstairs and run a shop or office downstairs. It's a bit of a fixer-upper, but the layout is solid. No central cooling, just natural gas heating. Schools nearby include Oakwood Collegiate about 1.9 clicks away, Bialik Hebrew Day at 2.3, and York Memorial at 2.5. Priced at $998,000, which is right at the median for the area, and similar places are selling in about 46 days. This one's a decent bet for an investor. It's not fancy, but it's got options.

About 724 Vaughan Road, Toronto — Property Score

Strong Investment Hot Market

Score: 65/100

Value

Priced 16% below area median of $1,188,500 based on 764 comparable properties nearby 94

Stable pricing - no price changes since original listing date 50

Size

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

2 bathrooms - typical for similarly priced properties 60

3,685 sqft lot - a compact lot for the area 55

Location

$50K median household income - below the Canadian average of $70K 55

73% of residents hold postsecondary credentials - a highly educated neighbourhood 82

26% homeownership rate - a renter-majority neighbourhood 48

25% of residents commute under 30 minutes - longer average commute times 50

15,746/km² population density - a densely urban setting 50

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

4-car garage - area average is 4.2 spots 95

Full basement 55

Natural gas 60

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.44% effective tax rate ($4,389/yr) - very low tax burden 87

74% renter population - strong rental demand in this area 100

Quality

Condition

Listing

27 photos provided - below 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.