An Incredible Opportunity on a Generous 25 x 142 Ft Lot in a Family-Friendly Toronto Neighbourhood! This beautifully updated, fully detached home offers the perfect combination of modern living, income potential and exciting future development possibilities! See report highlighting the potential for a 2-storey garden suite of up to 1,291 sq. ft., conversion of the existing home into multiple units, or a new multiplex development with potential for up to 6 units. Whether you're looking to live in, rent out, expand or build, the possibilities are impressive! Step inside to a bright, open-concept layout featuring modern finishes and a functional design with virtually no wasted space. A main-floor laundry hookup adds even more flexibility. Let's not forget the finished basement featuring a separate entrance, additional bedroom, kitchen, living space, bathroom and its own laundry. Outside, enjoy an expansive backyard with plenty of room for entertaining, summer BBQs, gardening, family activities or exploring future development opportunities. Covered carport parking adds everyday convenience. Located on a quiet, family-friendly street just steps to the Eglinton LRT, Bert Robinson Park, schools, shopping and amenities. A rare opportunity to enjoy a move-in-ready detached home today while exploring the potential of this impressive lot for tomorrow! Report available for review, Buyers to conduct their own due diligence.
Address
429 Gilbert Avenue
List Price
$799,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto W03
Sub-Area
Caledonia-Fairbank
Region
Toronto
Bedrooms
2 + 1
Bedrooms (Total)
3
Rooms Above Grade
5
Rooms Below Grade
4
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
142
Lot Size Units
Feet
Lot Width
25
Parcel Number
104870904
Occupant Type
Owner+Tenant
Cross Street
Eglinton Ave W & Caledonia Rd
MLS® Number
W14122536
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Basement Area
Finished, Separate Entrance, Apartment
Postal Code
M6E 4X2
Posession Details
Flexible
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$4,193.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Stone, Metal/Steel Siding
Direction Faces
East
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Carport
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PLAN 1429 L SPT
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 5.94 x 2.87 Meters | Combined w/Dining |
| Main | Kitchen | 3.15 x 2.9 Meters | |
| Main | Primary Bedroom | 3.66 x 2.87 Meters | |
| Main | Bedroom 2 | 3.66 x 2.9 Meters | |
| Basement | Kitchen | 5.51 x 4.45 Meters | |
| Basement | Bedroom | 5 x 2.67 Meters | |
| Basement | Furnace Room | 2.64 x 1.55 Meters | |
| Basement | Cold Room/Cantina | 5.41 x 1.85 Meters | |
| Basement | Laundry | 3.96 x 2.82 Meters |