$1,499,900
601 Pharmacy Avenue, Toronto E04, ON M1L 3H1
5 Beds
3 Baths
5 Parking
Want a chance to own over a quarter of an acre of land in Toronto?! This unique, L-shaped lot offers a tremendous opportunity for savvy investors, developers, and end users alike. The 50 x 169.84 ft lot has the potential to be severed into two 25 ft lots, with a fourplex & garden suite on each lot, for a total of 10 units! If you're a family looking for more space, this 5-bedroom home boasts over 2,100 sq ft above grade, including four second-storey bedrooms with double closets and vaulted ceilings. The spacious, sun-soaked family room features a brick fireplace and soaring, vaulted ceilings, the perfect space for entertaining. Walk out to a large deck overlooking the backyard sanctuary, with ample space to add a garden suite or create the garden of your dreams! The property boasts a two-storey, detached garage and a large private driveway, suitable for up to four vehicles. Located in a sought-after, family-friendly neighbourhood with fantastic schools, parks and plenty of transit options, the possibilities are truly endless. Bring your vision to life at 601 Pharmacy Ave - The LOT of Potential!

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 5
Bathrooms 3
Kitchens 1
Basement Partially Finished
Exposure East
Possession 30/60/Flexible

Building

Building Type Detached
Square Footage 2000-2500
Exterior Vinyl Siding, Stone
Foundation Poured Concrete
Roof Shingles
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 50 x 169.84
Lot Size Area 11172.93
Lot Size Units Feet
Frontage 50
Depth 169.84
Total Living Area 2000-2500

Land

Address 601 Pharmacy Avenue, Toronto E04, ON M1L 3H1
City Toronto E04
Community Clairlea-Birchmount
County / Area Toronto
Cross Street Pharmacy Ave and St Clair Ave E
Sewer Sewer
Pool None
Parcel Number 064570138

Parking and Garage

Total Parking 5
Garage Spaces 1
Garage Type Detached
Parking Features Private

Taxes and Listing Info

List Price $1,499,900
Annual Taxes $5,188
Tax Year 2025
Status Active
Listing Date 2026-05-26T17:33:20Z
Updated 2026-05-26T17:33:20Z
MLS Number E13175990
Local Market Insight

What Buyers Should Know About 601 Pharmacy Avenue, Toronto E04, ON M1L 3H1

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

601 Pharmacy Avenue, Toronto E04, ON M1L 3H1 is positioned in Clairlea-Birchmount, a part of Toronto E04 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, 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 Pharmacy Ave and St Clair Ave E, public transit options, parking availability, and drive times to employment areas. A property with 5 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,499,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 5 bedrooms, 3 bathrooms, basement details marked as Partially Finished, and a lot size of 50 x 169.84, 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 E04, 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 Clairlea-Birchmount. 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 601 Pharmacy Avenue, Toronto E04, ON M1L 3H1, 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.