65-Foot Frontage Bungalow with Income Potential in Etobicoke

Property details for 53 Burrows Avenue, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 65 x 112.2 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $6,123

The headline here is the lot: 65 feet wide by 112 feet deep. That's rare for the area, and it's why this bungalow is priced at $1,389,000. The current house is a solid 3-bed, 1-bath up, with a finished basement that has its own entrance, 2 more beds, and a full bath. Perfect for extended family or rental income. But the real play is the redevelopment potential. You could sever the lot and build two homes, pending city approval. The house itself is updated: new vinyl flooring, a kitchen with granite counters and stainless appliances, and a walkout deck off the dining area. It's not fancy, but it's clean and move-in ready. The basement rec room is huge, and there's a separate entrance so you could easily lock off that level. Location-wise, you're on a quiet street with sidewalks, a 2-minute walk to a TTC bus, and close to the 401, 427, and 400. There's a golf course across the street and a creek with trails nearby. Schools are decent: Etobicoke Collegiate is 1.9 km away, Martingrove CI is 2.4 km. Property taxes run about $6,123 a year. The market around here is moving: 4 active listings, median price $1.249M, and homes are selling in about 60 days. Place scores well for location and listing, less so for market conditions. But if you're thinking long-term, this lot is the asset. Bring your architect.

About 53 Burrows Avenue, Toronto — Property Score

Prime Location Well Priced

Score: 68/100

Value

Priced 20.6% below area median of $1,749,000 based on 589 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 - 1 fewer than similarly priced properties nearby 48

7,293 sqft lot - a generous lot for the area 78

Location

$127K median household income - well above the Canadian average of $70K 94

88% of residents hold postsecondary credentials - a highly educated neighbourhood 95

86% homeownership rate - indicating a stable, owner-occupied community 90

43% of residents commute under 30 minutes - good commuting convenience 64

3,754/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

3-car garage - area average is 4.2 spots 80

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

0.44% effective tax rate ($6,123/yr) - very low tax burden 87

14% renter population - primarily owner-occupied area 46

Quality

Condition

Listing

37 photos provided - 3% 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.