Reno-ready bungalow on prime 50-ft lot in Clanton Park

Property details for 78 Invermay Avenue, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 50 x 126 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: $6,681 (2025)

Tucked on a quiet, established street near Bathurst and Wilson, this solid brick bungalow is your chance to get into Clanton Park without tearing down a newer build. The 50 x 126 ft lot is the real story here. It's flat, wide, and surrounded by custom homes that have gone up recently, so you know the area's momentum. The house itself is move-in ready but dated. Think original kitchen, old bathrooms, and that cozy 3-bed, 2-bath layout that's typical of the '60s. But the bones are good. Concrete foundation, forced air gas heating, central air. You could live in it while you plan a renovation or a full rebuild. Parking's sorted with an attached garage and room for four cars total. Schools are a big plus. William Lyon Mackenzie CI is a 2.1 km drive, and Yorkdale Mall is just 1.8 km away for shopping. Highway 401 and Allen Road are minutes from your door. The property's been well-maintained, just not updated. Comparable lots with older homes have been selling around $700k, but this one's priced at $948k given the location and potential. If you're looking to build your forever home on a prime street, this is the one to see.

About 78 Invermay Avenue, Toronto — Property Score

Prime Location Hot Market Well Priced

Score: 70/100

Value

Priced 20.7% below area median of $1,195,750 based on 732 comparable properties nearby 100

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

6,300 sqft lot - a generous lot for the area 78

Location

$146K median household income - well above the Canadian average of $70K 100

89% of residents hold postsecondary credentials - a highly educated neighbourhood 95

94% homeownership rate - indicating a stable, owner-occupied community 95

51% of residents commute under 30 minutes - good commuting convenience 71

4,118/km² population density - a well-balanced suburban area 89

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

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.7% effective tax rate ($6,681/yr) - below the Canadian average of ~1% 79

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

23 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.