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Investors dream or First-Time Buyers gem! Welcome to this detached duplex in the vibrant Weston-Pellam community of Toronto! Situated on a rare double lot, this property is truly a unique find, offering both spacious living and income potential. The flexible duplex layout allows the new owner to enjoy a primary residence while benefiting from additional rental income to offset mortgage costs. The main level features a generous living and dining area, ideal for family gatherings, while the upper level offers three spacious bedrooms, including a primary ensuite. The lower level provides even more versatility with two additional bedrooms, a bathroom, kitchen and walk-out access perfect for creating a self-contained unit. This home is ready for your personal touch. With vision and updates, it can be transformed into a modern residence or a strong investment property in one of Toronto's growing neighborhoods. Steps to transit, parks, schools, and shopping, this property combines convenience with long-term value. Don't miss the chance to customize this home to your needs and make it truly yours! Beyond its current use, the double lot offers exciting possibilities for the future. Whether you envision expanding the existing home, creating a garden suite, or exploring redevelopment potential, this property opens the door to multiple opportunities (subject to city approvals; buyers to perform their own due diligence)
City: Toronto
Neighborhood: Weston-Pellam Park
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
May 31, 2005 | 3 | $329,000 | $295,000 | Sold | W688094 |
Purchase Price | $749995 |
Down Payment | $149999 |
Mortgage Insurance | $0 |
Total Mortgage | $599996 |
Mortgage Payment | $3697 |
Property Taxes | $333 |
Maintenance Fees | $0 |
Monthly Payment | $4030 |
Sold Comparables homes near 261 Prescott Ave, Toronto
Located at 261 Prescott Ave , this Toronto house is available for sale. This property was listed for $749,995 on Tue Sep 23 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Foyer, Bathroom, Primary, 2nd Br, 3rd Br, Bathroom, Bathroom, Br, 2nd Br, Kitchen, Utility, Bathroom, Laundry, Common Rm. This property comes with 2 parking spots. 261 Prescott Ave, Toronto is situated in the Weston-Pellam Park neighbourhood.
MLS#: W12421942 · $749,995 · 3 bedroom house in Weston-Pellam Park, Toronto