$1,299,000
Toronto
24 Acorn Avenue, Toronto (Islington-City Centre West), Ontario, M9B3P8
This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,299,000, it is attractively priced about 19% below the $1,598,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 57 days.
Exceptional Opportunity in Toronto! Welcome to 24 Acorn Avenue, an extensively upgraded bungalow offering over 2,500 sq. ft. of total finished living space and outstanding flexibility for families, multi-generational living or investors. The main floor features 3 spacious bedrooms, a separate kitchen and a bright, functional layout designed for comfortable everyday living.The finished basement offers 2 additional bedrooms, its own kitchen, two separate entrances and the potential for two separate living/rental arrangements, providing excellent flexibility and income potential. With multiple living areas and independent access points, this property presents a unique opportunity for buyers looking to live, invest, or combine both under one roof.2 Situated on a generous frontage with parking for 4 vehicles, the property is located in a highly convenient Toronto neighbourhood with excellent connectivity to major highways and routes, shopping, restaurants, transit and everyday amenities. 5 Bedrooms 2 Kitchens Basement Entrances 4-Car Parking 2,500+ Sq. Ft. Finished Living Space. A rare combination of space, upgrades, accessibility and income potential-24 Acorn Avenue is an opportunity you don't want to miss! the upstairs unit is rented for $3000, along with the basement income. Both tenants are willing to stay or leave based on the buyer's preference. Key Highlights & Income Potential Extensively Renovated & Expanded: Seamlessly extended to appro ~1,200 sqft per floor (~2,500 sqft total living space across the main floor and basement), Immediate Rental Income: The fully finished basement is currently generating $2,100/month. Premium, Independent Basement Layout In-Unit Laundry: Equipped with its own dedicated washer and dryer, ensuring tenants do not have to share laundry facilities. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Toronto (Islington-City Centre West) has been listed for 27 days, which is 30 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 12.0× the local median household income of $108,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.
Source: Statistics Canada, 2021 Census (FSA M9B)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.