$899,000 - 196 Livingstone Avenue, York
Detached for Sale in York
New — Listed 3 days ago- MLS Number
- W13227324
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- York / Weston
- Lot Size
- 2,750 sqft
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Prime Investment Opportunity: Turnkey Detached 3-Unit Home in Trendy Briar Hill-Belgravia! Don't miss this fantastic opportunity to own a fully tenanted, detached multi-unit home. This well-maintained property features three distinct, self-contained suites and convenient shared on-site laundry for all tenants. Front pad parking, as well as a detached garage that could be used for additional parking for smaller vehicles that can fit down the laneway, or is a blank slate for workshop, future garden suite or rent as storage for additional income. Main floor unit is an inviting one-bedroom space featuring a beautifully updated modern kitchen and bathroom. Tenants in this unit enjoy the highly desirable direct walk-out access to the backyard. Moving to the second floor, you will find a spacious two-bedroom layout highlighted by a massive balcony off the front of the house. This provides the perfect outdoor retreat for morning coffee or evening relaxation. The lower level offers excellent privacy with its own separate entrance. This comfortable two-bedroom suite is complemented by a fully updated kitchen and a modernized bathroom. Located in an area known for its trendy vibe and immense popularity among young families, this property offers a steady stream of rental income in a rapidly appreciating community. Commuting is a breeze with major transit routes right at your doorstep. Nature lovers and active residents will appreciate the immediate access to the lush York Beltline Trail system, perfect for walking, running, and cycling. When it is time to relax or run errands, the lively shops, trendy cafes, and incredible restaurants along Eglinton Avenue West are just a short stroll away. The perfect opportunity for an owner occupied investment, a multi generational home or a savvy investor looking to add to their portfolio!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
5-yr fixed avg.
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.
Discover York / Weston
York / 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 York / 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
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
York / 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.
196 Livingstone Avenue, York / Weston
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $817/sqft, this property is priced in line with current York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Excellent Flexibility
With 5 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 York.
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.
Investment Perspective
Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.