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137 KING EDWARD AVENUE, Toronto (Woodbine-Lumsden) — listed at $599,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
**Welcome to 137 King Edward Avenue!** An exciting opportunity to build your dream custom home on a vacant lot in an amazing and well-established neighborhood. This property is **ready for construction with a city-approved design**, making it an excellent opportunity for builders, investors, or families looking to create a home tailored to their needs. The approved design offers approximately **1,700 sq. ft. of modern living space** with an open-concept layout featuring a spacious living room, family room, and kitchen. The planned home also includes a **separate basement entrance** with a one-bedroom basement unit, offering excellent potential for an in-law suite, extended family, or additional rental income. Situated in a **wonderful community with friendly neighbors**, this property offers exceptional convenience. Enjoy easy access to the **DVP** and be just steps away from **schools, parks, TTC, shops, restaurants, and local farmers' markets**.A rare opportunity to build a modern custom home in a fantastic location. **Bring your vision to life at 137 King Edward Avenue!** (id:60164)
How is the home heated? Is it efficient?+
Heating is other, other. Ask for past utility bills to understand real heating costs.
What's the parking situation?+
This property includes 0 spaces — No Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 0 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is this a good starter home?+
At $599,000, this is priced in starter-home territory for Toronto (Woodbine-Lumsden). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
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