41 Patterson Avenue, Toronto E06

Price: $799,000

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13478938

Welcome to this charming and spacious bungalow featuring 4+2 bedrooms, freshly painted interiors, and brand-new laminate flooring, making it completely move-in ready. The bright open-concept living and dining area walks out to a private backyard, perfect for summer BBQs and outdoor entertaining. Offering 3 full bathrooms and ample space for growing or multi-generational families, this home also presents excellent potential for future customization and value enhancement. Ideally located in a highly sought-after neighborhood just minutes from Victoria Park Subway Station, TTC, schools, parks, shopping, and a nearby mosque, convenience is truly at your doorstep. Motivated seller. Don't miss this rare opportunity! Property is being sold in "as-is, where-is" condition.

41 Patterson Avenue - Detached photo 1 of 21 in Birch Cliff / Cliffside, Ontario
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$799,000 - 41 Patterson Avenue, Birch Cliff

Detached for Sale in Birch Cliff

Popular Listing

Neighbourhood: Oakridge

6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13478938
Property Type
Detached
Status
active
Days on Site
14
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Birch Cliff / Cliffside
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Welcome to this charming and spacious bungalow featuring 4+2 bedrooms, freshly painted interiors, and brand-new laminate flooring, making it completely move-in ready. The bright open-concept living and dining area walks out to a private backyard, perfect for summer BBQs and outdoor entertaining. Offering 3 full bathrooms and ample space for growing or multi-generational families, this home also presents excellent potential for future customization and value enhancement. Ideally located in a highly sought-after neighborhood just minutes from Victoria Park Subway Station, TTC, schools, parks, shopping, and a nearby mosque, convenience is truly at your doorstep. Motivated seller. Don't miss this rare opportunity! Property is being sold in "as-is, where-is" condition.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: Oakridge

Discover Oakridge

Oakridge 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 Oakridge

  • Convenient location in Birch Cliff / Cliffside
  • 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

Oakridge 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

41 Patterson Avenue, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$3,268

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

Competitive Pricing

At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Birch Cliff 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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Birch Cliff.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Oakridge

I know Oakridge 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: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    41 Patterson Avenue | $799,000 | Battaglia Team