Raised Bungalow with Garden Suite Potential Near Downsview

Property details for 6 Canton Avenue, Toronto

Type: Residential
Style: Raised bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 50 x 150 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,992

Just off Keele Street, this raised bungalow sits on a solid 50x150 foot lot in a quiet family pocket of North York, minutes from Downsview station and the 401. The main floor holds three good-sized bedrooms and an updated kitchen that opens to the backyard. You'll find hardwood underfoot in the living and dining areas, but the real kick here is the full two-bedroom basement with its own entrance. It's got a second kitchen and a separate laundry setup an ideal in-law suite or rental opportunity to offset your mortgage. Two stoves and two fridges mean the place is ready to go. Outside, there's a concrete driveway that fits four cars plus a garage, so street parking will never be an issue. The property's zoned potential for a garden suite adds extra future flexibility. Schools are close too, Nelson A Boylen is within a short walk, and Humber River Hospital is about 5 minutes west. The asking price of 949K sits below the local median of 1.049M, and the property's features score strong, partly due to that spacious lot. It's a practical, no-fuss home in a convenient location.

About 6 Canton Avenue, Toronto — Property Score

Strong Investment Feature Rich Well Priced

Score: 69/100

Value

Priced 47.2% below area median of $1,799,000 based on 898 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

7,500 sqft lot - a generous lot for the area 78

Location

$47K median household income - below the Canadian average of $70K 53

68% of residents hold postsecondary credentials - a highly educated neighbourhood 78

58% homeownership rate - a balanced mix of owners and renters 70

42% of residents commute under 30 minutes - good commuting convenience 64

2,912/km² population density - a well-balanced suburban area 99

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

5-car garage - more than the area average of 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

0.53% effective tax rate ($4,992/yr) - very low tax burden 84

42% renter population - moderate rental market 81

Quality

Condition

Listing

50 photos provided - 39% 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.