Brick Bungalow Overlooks Newer Subdivision on Ypres Rd

Property details for 38 Ypres Road, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 32.5 x 104.2 FT
Stories: 1
Basement: Finished, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,778

This brick bungalow on Ypres Rd sits up high, so you catch a peek of the newer subdivision down below. It's a solid 3-bed, 1-bath place on a 32.5 x 104.2 ft lot. The main floor has two bedrooms, and there's a third in the finished basement. You'll notice fresh laminate and vinyl flooring throughout, plus an updated bathroom. Kitchen's got a new stainless steel fridge and enough room for a table. The long driveway fits six cars, which is rare. Backyard is flat and fenced, with a custom garden shed that's actually decent. Basement isn't just a gutted space; it's finished with a rec room and laundry, plus the furnace is recent. Central air keeps it cool in summer. Taxes run about $3,778 a year. You're in Silverthorn Heights, close to York Memorial Collegiate (5 min walk) and the new subway line is just minutes away. There are 8 active listings nearby, median price $674k, but this one's at $749k. A similar place sold recently for $949,999 in 27 days, so the value is there. Whether you're moving in or renting it out, it's a smart pick. Only thing missing? A garage, but the driveway makes up for it.

About 38 Ypres Road, Toronto — Property Score

Feature Rich Well Priced

Score: 66/100

Value

Priced 37.5% below area median of $1,199,000 based on 696 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

3,387 sqft lot - a compact lot for the area 55

Location

$78K median household income - near the Canadian average of $70K 69

59% of residents hold postsecondary credentials - an above-average education level 70

71% homeownership rate - indicating a stable, owner-occupied community 80

31% of residents commute under 30 minutes - longer average commute times 55

6,696/km² population density - an urban neighbourhood 65

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

4-car garage - area average is 4.2 spots 95

Finished, 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 ($3,778/yr) - very low tax burden 85

29% renter population - primarily owner-occupied area 65

Quality

Condition

Listing

30 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.