$1,439,000 - 661 Beresford Avenue, Bloor West Village
Detached for Sale in Bloor West Village
141 days on market- MLS Number
- W12678590
- Property Type
- Detached
- Status
- active
- Days on Site
- 141
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Exceptional opportunity in prime Junction! Spacious bungalow, great for handy end user or renovator/investor. Rare oversized lot with opportunity to build multiplex, or possibly build 2 homes as there are several 15-16 ft frontage lots on the street. Solid brick bungalow on 32' x 154' lot, offering rare oversized frontage and depth, along with a private driveway and a detached two-car garage. Ideal for investors or first-time home buyers, this 2+1 bedroom, 2-bathroom home features an open-concept living and dining area w/hardwood flooring. Rental potential for basement w/separate side entrance. Large fenced in private backyard. House in overall good clean shape with tons of potential for handy end user!! Seller has quality Drawings avail for 4 plex and 5 plex if needed.
Estimate your monthly payments for this property
Estimated Payment
$6,365.18/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 Bloor West Village / Swansea
Bloor West Village / Swansea 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 Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •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
Bloor West Village / Swansea 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.
661 Beresford Avenue, Bloor West Village / Swansea
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Rental income estimator & ROI calculator
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
Premium Pricing
At $2056/sqft, this property is priced above the Bloor West Village 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.
Negotiation Opportunity
At 141 days on site, this property has exceeded the typical selling timeline for Bloor West Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Bloor West Village 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.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.