$1,390,000 - 51 playfair Avenue, York
Detached for Sale in York
Popular Listing- MLS Number
- W13222090
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- York / Weston
- Listing Brokerage
- EXP REALTY
Exceptional Opportunity at 51 Playfair Avenue - Prime Toronto Lot with Endless Potential.Offered for the first time in over 40 years, this well-maintained 3+1 bedroom side-split sits on an outstanding 55 x 120 ft lot in a highly desirable Toronto location, presenting incredible potential for families, investors, renovators, or builders alike.Every room in the home is generously sized, offering a spacious and functional layout designed for comfortable family living. The property also features a high basement with separate entrance and turnkey in-law suite, creating excellent potential for multi-generational living or additional rental income.Set on a premium oversized lot with a private double-wide driveway, fully fenced backyard, paved walkways, and garden shed, this home delivers both immediate livability and long-term redevelopment value.For investors and builders, the lot offers exceptional future potential with the possibility to explore redevelopment opportunities, including custom homes or multi-unit residential use (buyer to verify approvals and zoning).Ideally located directly across from Villa Colombo Toronto, and just minutes to Yorkdale Shopping Centre, Highway 401, transit, parks, and a variety of highly regarded schools.Whether you're looking to move in, renovate, expand, generate income, or build for the future, this is a rare chance to secure a premium property in a rapidly evolving Toronto neighbourhood.Great curb appeal, exceptional lot size, and unmatched upside - opportunities like this are becoming increasingly rare.
Estimate your monthly payments for this property
Estimated Payment
$6,148.44/mo
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.
51 playfair 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 $927/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to York. Good resale value as demand remains consistent.
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 $5,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.