$949,900
972 Cosburn Avenue, Toronto E03, ON M4C 2W9
4 Beds
2 Baths
1 Parking
**Stunning Fully Renovated East York Bungalow with Separate Basement Apartment, Rental Income Potential & Rare Laneway Garage. Exceptional opportunity to own a fully renovated bungalow in the heart of East York featuring 2 self-contained units with separate entrances - perfect for investors, first-time buyers, couples seeking a mortgage helper, multi-generational families, or anyone looking for a turnkey Toronto income property. Extensively renovated top-to-bottom in 2020 with permits and over $250K in premium upgrades, this move-in ready home offers modern open-concept living, designer finishes, chef-inspired kitchens, and full-size washer/dryers on both levels. The bright main floor is ideal for entertaining, while the beautifully finished lower-level suite provides incredible flexibility for rental income, extended family, or private guest space. Previously rented for $1,800/month, the vacant basement apartment offers immediate income potential and an excellent opportunity to offset mortgage costs or maximize investment returns in Toronto's competitive real estate market. This East York home also features a beautifully landscaped low-maintenance backyard with premium astro turf and a rare rear land extension leading to a private detached garage with laneway access - a highly desirable feature rarely found in the area.Located close to TTC, the Danforth, Taylor Creek trails, Stan Wadlow Park, East York Community Centre, schools, shopping, restaurants, biking trails, and major commuter routes. Whether you are searching for a Toronto duplex alternative, house with basement apartment, income-generating property, multigenerational home, investment property in East York, or a beautifully renovated bungalow with rental income potential, this property truly checks every box.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 2
Bedrooms Below Grade 2
Bathrooms 2
Kitchens 2
Basement Apartment, Finished, Finished with Walk-Out, Separate Entrance
Exposure North
Possession TBD

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick, Vinyl Siding
Foundation Concrete Block
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 20 x 120
Lot Size Units Feet
Frontage 20
Depth 120
Total Living Area 700-1100

Land

Address 972 Cosburn Avenue, Toronto E03, ON M4C 2W9
City Toronto E03
Community Woodbine-Lumsden
County / Area Toronto
Cross Street Cosburn Ave & Woodine Ave
Sewer Sewer
Pool None
Parcel Number 104340800

Parking and Garage

Total Parking 1
Garage Spaces 1
Garage Type Detached
Parking Features Mutual

Taxes and Listing Info

List Price $949,900
Annual Taxes $4,049
Tax Year 2025
Status Active
Listing Date 2026-05-13T14:40:59Z
Updated 2026-05-26T22:01:20Z
MLS Number E13121820
Local Market Insight

What Buyers Should Know About 972 Cosburn Avenue, Toronto E03, ON M4C 2W9

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

972 Cosburn Avenue, Toronto E03, ON M4C 2W9 is positioned in Woodbine-Lumsden, a part of Toronto E03 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Cosburn Ave & Woodine Ave, public transit options, parking availability, and drive times to employment areas. A property with 1 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $949,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 4 bedrooms, 2 bathrooms, basement details marked as Apartment, Finished, Finished with Walk-Out, Separate Entrance, and a lot size of 20 x 120, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto E03, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Woodbine-Lumsden. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 972 Cosburn Avenue, Toronto E03, ON M4C 2W9, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.