342 Byng Avenue, Toronto C14

Price: $2,498,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C12973804

*Welcome to 342 Byng Avenue, an Elegant residence nestled in the heart of Toronto's sought-after Willowdale East neighbourhood. Situated on a deep lot 145.92Ft, 5+1 bedrooms, 6 washrooms, exceptional custom-built home. This home is thoughtfully designed with all principal room sizes--approximately 3700 sq.ft living space(1st and 2nd floors), professionally finished, an open concept/walk-out basement. This residence offers a timelss floor plan with sophistication and functionality, and masters the art of space and natural light with a skylight and lots of windows. The elegant, spacious foyer welcomes you and invite to a spacious open concept living and dining rooms with uniquely moulded ceilings. The gourmet kitchen balances form and function, with ample space for the family and guests, and seamlessly flowing into the breakfast area surrounded by windows for an unobstructed view of the backyard. The family room forms the soul of the home, perfect space for family relaxation and comfort. Upstairs, 5-perfectly and well-sized bedrooms with beautiful flow thru-out. The primary suite provides ample spaces, a 6-pcs ensuite, and private spaces for rest and refection. The 2nd family room or sitting area offers your family's private space. The lower level, professionally finished area provide an ample living space for recreation room with a wet bar, complete with an additional bedroom and a full walk-up basement.

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delisted
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$2,498,000 - 342 Byng Avenue, Willowdale

Detached for Sale in Willowdale

5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C12973804
Property Type
Detached
Status
delisted
Days on Site
22
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Willowdale / Newtonbrook
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

*Welcome to 342 Byng Avenue, an Elegant residence nestled in the heart of Toronto's sought-after Willowdale East neighbourhood. Situated on a deep lot 145.92Ft, 5+1 bedrooms, 6 washrooms, exceptional custom-built home. This home is thoughtfully designed with all principal room sizes--approximately 3700 sq.ft living space(1st and 2nd floors), professionally finished, an open concept/walk-out basement. This residence offers a timelss floor plan with sophistication and functionality, and masters the art of space and natural light with a skylight and lots of windows. The elegant, spacious foyer welcomes you and invite to a spacious open concept living and dining rooms with uniquely moulded ceilings. The gourmet kitchen balances form and function, with ample space for the family and guests, and seamlessly flowing into the breakfast area surrounded by windows for an unobstructed view of the backyard. The family room forms the soul of the home, perfect space for family relaxation and comfort. Upstairs, 5-perfectly and well-sized bedrooms with beautiful flow thru-out. The primary suite provides ample spaces, a 6-pcs ensuite, and private spaces for rest and refection. The 2nd family room or sitting area offers your family's private space. The lower level, professionally finished area provide an ample living space for recreation room with a wet bar, complete with an additional bedroom and a full walk-up basement.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,049.50/mo

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5-yr fixed avg.

Principal: $1,998,400Interest: $1,316,449
Mortgage Amount$1,998,400
Total Interest$1,316,449
Est. Property Tax$1,769/mo
Total Cost$3,314,849

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: Willowdale / Newtonbrook

Discover Willowdale / Newtonbrook

Willowdale / Newtonbrook 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 Willowdale / Newtonbrook

  • Convenient location in Willowdale / Newtonbrook
  • 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

Willowdale / Newtonbrook 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

342 Byng Avenue, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,769
Insurance (est.)-$520
Net Cash Flow+$2,161

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 $714/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Willowdale 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 Willowdale.

Bathroom Count Matters

With 6 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.

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