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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
110'33.5 m
Lot Frontage:
35'10.7 m
Direction Faces:
West
Bedrooms:
3+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
Yes
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,785 /
2025
Assessment:
$- /
2025
Toronto
Toronto W08
Islington-City Centre West
Carpet Free, On Demand Water Heater
Water tank rental (if)
Dual-Entrance Walkout: Features two independent entrances (one side door and one walkout) for maximum tenant privacy and convenience. Major Mechanical & Infrastructure Upgrades Upgraded Main Water Line: Upgraded to a 1-inch city water pipe to ensure exceptional water pressure throughout the home. Electrical Upgrade: Boosted to a modern 200-amp panel to easily handle heavy appliance loads. Peace of Mind Roof & HVAC: Move-in ready with a 5-year-old roof, 3-year-old furnace, and 2-year-old AC. Safety First: Hard-wired smoke and carbon monoxide detectors installed throughout the entire home. Premium Interior & Exterior Finishes. Stunning Main Floor: Features rich, durable maple hardwood flooring. Gourmet Kitchen & Baths: Crafted with a premium quartz kitchen countertop and high-end bathrooms featuring custom maple wood cabinetry. Generous Storage: The main bedroom includes his and her closets, with dedicated built-in closets in every additional bedroom.
Data was last updated October 12, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
64
Avg list price:
$1,799,000
Min list price:
$899,000
Max list price:
$3,999,000
Avg days on market:
27
Min days on market:
4
Max days on market:
195
These statistics are generated based on the current listing's property type
and located in
Islington-City Centre West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.