54 Byng Avenue
54 Byng Avenue
$899,000
1 days on market
About This Listing
Welcome to this renovated detached home in a highly desirable and convenient Scarborough neighbourhood! Featuring 4+3 bedrooms and 4 full washrooms, this spacious and versatile property offers an excellent opportunity for first-time buyers, large or multi-generational families, and investors. The home has been thoughtfully updated with new laminate flooring, creating a bright, clean and move-in-ready living environment. Offering flexible living spaces and excellent income potential, the property was previously rented by the seller for approximately $6,000 per month. Major upgrades add even more value, including a new 200-amp electrical panel, owned furnace, owned heat pump, and a new Rinnai tankless hot water system. A 2-unit permit application is currently in process, offering additional future possibilities for the property. The generous backyard also provides space with potential for a future garden suite, subject to municipal approvals and applicable regulations. Location is another major highlight! Just steps to TTC and only minutes from Victoria Park and Warden subway stations, making commuting throughout Toronto convenient. Enjoy easy access to schools, recreation centres, libraries, grocery stores, parks, places of worship, shopping, restaurants and everyday amenities. A rare combination of space, renovations, income potential, major mechanical upgrades and a convenient Scarborough location. Whether you're looking for a family home or an investment property with future potential, this one is well worth seeing. Don't miss it!
| Monthly Mortgage (P&I) | $3,917 |
| Property Tax (MLS) | $295 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,212 |
Down payment: $179,800 (20.0%) · Mortgage: $719,200
Property tax uses MLS annual tax of $3,544/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RIGHT AT HOME REALTY
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Data last updated: August 22, 2026 at 06:26 p.m.