$1,600
41 Morna Avenue, Toronto E08, ON M1E 2A9
1 Beds
1 Baths
1 Parking
Welcome to this beautifully renovated 1-bedroom, 1-bathroom basement suite in a sun-filled brick bungalow situated on a large fenced lot in the heart of sought-after Guildwood. Offering a private separate entrance, this professionally finished in-law suite features a spacious bedroom, full bathroom, full kitchen, and new vinyl flooring (2023). The suite includes a TV stand, sofa, and wardrobe, along with 1 parking spot, and shared laundry conveniently located in a common access area. Ideally located within walking distance to Guild Inn Gardens, the lake, top-rated schools, GO Train, and shopping, with easy access to Highway 401 and the University of Toronto Scarborough Campus, perfect for professionals or students. Lease is $1,600/month plus 25% of water and 20% of hydro and gas, available July 1st. Tenant to provide rental application, credit report, references, employment letter, and recent pay stubs.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Lease
Style Bungalow
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement Apartment
Exposure West

Building

Building Type Detached
Portion for Lease Not specified by MLS
Square Footage 1100-1500
Exterior Brick
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No
Laundry Common Area, Shared

Measurements

Lot Size 60 x 116.5
Lot Size Units Feet
Frontage 60
Depth 116.5
Total Living Area 1100-1500

Land

Address 41 Morna Avenue, Toronto E08, ON M1E 2A9
City Toronto E08
Community Guildwood
County / Area Toronto
Cross Street Morningside & Guildwood Pkwy
Sewer Sewer
Pool None
Parcel Number 063840242

Parking and Garage

Total Parking 1
Garage Spaces 0
Garage Type Attached

Taxes and Listing Info

List Price $1,600
Status Active
Listing Date 2026-05-22T23:20:40Z
Updated 2026-05-22T23:20:40Z
MLS Number E13165028
Local Market Insight

What Buyers Should Know About 41 Morna Avenue, Toronto E08, ON M1E 2A9

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

41 Morna Avenue, Toronto E08, ON M1E 2A9 is positioned in Guildwood, a part of Toronto E08 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 Morningside & Guildwood Pkwy, 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 $1,600, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as Apartment, and a lot size of 60 x 116.5, 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 E08, 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 Guildwood. 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 41 Morna Avenue, Toronto E08, ON M1E 2A9, 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.