Great opportunity to own a beautiful legal triplex in a highly sought-after area. This building includes three self-contained apartments. Main floor unit is vacant and ready for occupancy. Perfect for a live-in user. Basement can be converted into another unit for additional income. Garage spaces for two cars and two outdoor parking spots. Laundry room and storage is located in the basement. Main floor is vacant, second and third-floor apartments are occupied. This property presents a unique opportunity to live in while providing a good rental income. Tenant demand in this area is high. Vacancies typically draw multiple qualified applications. This is a very rare opportunity. Income and expense statement is available.
6 bedrooms, 3 bathrooms, about 3,500 sq ft, works out to roughly $514 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.Ask Zara a follow-up
Inside 1342 Avenue Rd
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2 1/2 Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Semi-Detached
1342 Avenue Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13878162$1,799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1342 Avenue Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,838
/mo
based on the purchase price of $1,799,000
$359,800 cash
$1,439,200 financed
$1,212,184 total interest
Principal54%$1,439,200
Interest46%$1,212,184
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Avenue Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 1342 Avenue Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 1342 Avenue Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 5–6 bed homes for sale in Toronto around $1.8M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4964.9%On average, homes sold at or above asking.
Active listings12,772Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 9,556 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1342 Avenue Rd is listed at $1,799,000 (MLS® C13878162). Summitly updates the price as soon as the MLS® record changes.
Is $1,799,000 a good price for 1342 Avenue Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1342 Avenue Rd changed?
No — 1342 Avenue Rd is still listed at its original asking price of $1,799,000.
How many bedrooms and bathrooms does 1342 Avenue Rd have?
1342 Avenue Rd has 6 bedrooms and 3 bathrooms, with about 3,500–5,000 square feet of living space. It is a semi-detached home in Toronto.
Is 1342 Avenue Rd close to transit?
The nearest rapid-transit station is Avenue Station (Line 5), about 1.3 km (about a 17-minute walk) in a straight line. Lawrence Station is about 1.4 km (about a 18-minute walk), and Chaplin Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1342 Avenue Rd?
About $8,838 a month — principal and interest on $1,799,000 with 20% down ($359,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1342 Avenue Rd compare with other homes in Toronto?
Its asking price of $1,799,000 is about 112% above the median sold price in Toronto over the last 90 days, $850,000, across 9,556 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1342 Avenue Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1342 Avenue Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1342 Avenue Rd?
1342 Avenue Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1342 Avenue Rd been on the market?
2 days — 1342 Avenue Rd was listed on October 7, 2026.
What is the price per square foot of 1342 Avenue Rd?
About $360 to $514 per square foot: the asking price of $1,799,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 1342 Avenue Rd have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
