23 Norway Avenue, Toronto E02

Price: $1,499,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E14096142

Charming Detached Beach Home! This inviting 3-bedroom, 2-bathroom home with 1-car parking blends character, comfort, and lifestyle in the heart of The Beach. The renovated main floor (2020) features a real wood-burning fireplace, creating the perfect cozy gathering space. Step outside to an entertainer's backyard complete with a walkout deck and hot tub-ideal for summer evenings and year-round enjoyment. An insulated detached shed offers endless possibilities as a home gym, private office, or creative studio. Just steps to Queen Street's shops, cafés, the beach, and TTC, this is the perfect opportunity to enjoy the best of Beach living!

23 Norway Avenue - Detached photo 1 of 34 in The Beaches / Upper Beaches, Ontario
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New Listing
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$1,499,000 - 23 Norway Avenue, The Beaches

Detached for Sale in The Beaches

New — Listed 4 days ago

Neighbourhood: The Beaches

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E14096142
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Taxes (2025)
$6,907
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

Charming Detached Beach Home! This inviting 3-bedroom, 2-bathroom home with 1-car parking blends character, comfort, and lifestyle in the heart of The Beach. The renovated main floor (2020) features a real wood-burning fireplace, creating the perfect cozy gathering space. Step outside to an entertainer's backyard complete with a walkout deck and hot tub-ideal for summer evenings and year-round enjoyment. An insulated detached shed offers endless possibilities as a home gym, private office, or creative studio. Just steps to Queen Street's shops, cafés, the beach, and TTC, this is the perfect opportunity to enjoy the best of Beach living!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches

  • •Convenient location in The Beaches / Upper Beaches
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

The Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

23 Norway Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,426

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1363/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    23 Norway Avenue | $1,499,000 | Battaglia Team