7 Edmund Avenue, Toronto W04

Price: $839,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13517604

Renovated detached bungalow offering exceptional flexibility and strong long-term value in Toronto. This house located in Weston Village, is ideal for end-users, multigenerational families, or investors seeking income potential and future redevelopment options.The main level features an open-concept layout with hardwood flooring, pot lights throughout, and a modern kitchen with quartz countertops and a glass-and-stone backsplash. The renovated main bathroom includes updated tile, a glass shower, and waterproofing improvements. A rear door was added to enhance functionality and provide direct access to the backyard.The fully finished lower level offers a separate entrance and is thoughtfully designed with its own kitchen, bathroom, laundry, and living space. This setup is ideal for an in-law suite or rental unit, with estimated income potential of approximately $1,500/month. The original interior staircase remains in place behind/under the main-floor laundry, providing the option to easily reconnect both levels and convert the home back into a single unified residence.Over time, the property has undergone extensive improvements (approx. $45,000+), including a full roof replacement in 2025 with structural rebuild, premium shingles, and a 35-year warranty, along with exterior painting, fencing, landscaping, pergola, storage sheds, and additional interior and mechanical upgrades. The private fenced backyard offers generous outdoor space with multiple functional zones, storage structures, and excellent potential for future expansion, including the possibility of extending the home or adding a second storey. The property benefits from strong transit connectivity and ongoing neighborhood reinvestment. Close to UP Express, GO Station, Hwy 401/400, Humber River trails, schools, parks, and local amenities, this is an area positioned for continued long-term demand and growth.

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active
New Listing
1/37

$839,000 - 7 Edmund Avenue, York

Detached for Sale in York

New — Listed 3 days ago

Neighbourhood: Weston

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13517604
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
York / Weston
Listing Brokerage
AVILA REALTY GROUP INC.
Description

Renovated detached bungalow offering exceptional flexibility and strong long-term value in Toronto. This house located in Weston Village, is ideal for end-users, multigenerational families, or investors seeking income potential and future redevelopment options.The main level features an open-concept layout with hardwood flooring, pot lights throughout, and a modern kitchen with quartz countertops and a glass-and-stone backsplash. The renovated main bathroom includes updated tile, a glass shower, and waterproofing improvements. A rear door was added to enhance functionality and provide direct access to the backyard.The fully finished lower level offers a separate entrance and is thoughtfully designed with its own kitchen, bathroom, laundry, and living space. This setup is ideal for an in-law suite or rental unit, with estimated income potential of approximately $1,500/month. The original interior staircase remains in place behind/under the main-floor laundry, providing the option to easily reconnect both levels and convert the home back into a single unified residence.Over time, the property has undergone extensive improvements (approx. $45,000+), including a full roof replacement in 2025 with structural rebuild, premium shingles, and a 35-year warranty, along with exterior painting, fencing, landscaping, pergola, storage sheds, and additional interior and mechanical upgrades. The private fenced backyard offers generous outdoor space with multiple functional zones, storage structures, and excellent potential for future expansion, including the possibility of extending the home or adding a second storey. The property benefits from strong transit connectivity and ongoing neighborhood reinvestment. Close to UP Express, GO Station, Hwy 401/400, Humber River trails, schools, parks, and local amenities, this is an area positioned for continued long-term demand and growth.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,304.50/mo

Includes CMHC insurance ($23,408)

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5-yr fixed avg.

Principal: $755,100Interest: $512,843
Mortgage Amount$778,508
Total Interest$512,843
Est. Property Tax$594/mo
Total Cost$1,291,351

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: Weston

Discover Weston

Weston 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 Weston

  • Convenient location in York / Weston
  • 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

Weston 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

7 Edmund Avenue, York / Weston

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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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$2,031

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 $1199/sqft, this property is priced above the York 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 York'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 York 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Weston

I know Weston 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.

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    7 Edmund Avenue, York / Weston | $839,000 | Battaglia Team