Get $6,638 Cash Back
163 WYCHWOOD AVENUE, Toronto (Humewood-Cedarvale) — listed at $2,655,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
163 Wychwood Avenue is a rare architectural offering in the heart of Wychwood - a meticulously renovated main residence paired with a design-forward laneway home. Featured in Toronto Life and finished to a luxury standard, this live/work compound delivers exceptional scale and versatility - ideal for entrepreneurs, creatives, professionals, multigenerational families, or those needing a private guest residence or executive workspace.The main home blends contemporary refinement with timeless character. An open layout flows between living, dining, and kitchen spaces, anchored by an exposed brick feature wall, wide-plank hardwood floors, and curated finishes. The kitchen features Carrara marble countertops, custom cabinetry, a gas range, and abundant natural light. Upstairs, a serene primary retreat with cathedral ceiling pairs with a spa-inspired bath and heated towel warmer. The lower level adds a separate entrance, full bathroom, and rough-ins for a kitchen and laundry - flexibility for extended family, wellness space, guests, or future use.The 1,470 sq. ft. two-storey laneway home is a true second residence, defined by expansive glazing, dramatic light, and seamless indoor-outdoor connection. Conceived as luxury flex space, private studio, creative headquarters, executive office, or guest residence, it offers an opportunity seldom available in Toronto's urban core. The ground level houses a heated two-car garage adaptable as showroom, fitness studio, entertaining space, or collector garage. Above, a full kitchen with custom cabinetry and premium appliances, in-suite laundry, heated bathroom floors, and a spa-inspired bath with heated towel warmer create a bright, open-concept primary level. A rooftop level offers a future private terrace with skyline views including the CN Tower.Landscaped grounds, natural stone detailing, EV charging, and parking for up to three vehicles complete this rare offering in one of Toronto's most coveted neighbourhoods. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 1.89 x 2.39 meters |
| Recreational, Games room | Ground level | 6.27 x 9.2 meters |
| Living room | Upper Level | 6.91 x 5.33 meters |
| Dining room | Upper Level | 3.73 x 7.37 meters |
| Kitchen | Upper Level | 3.73 x 7.37 meters |
| Bedroom | Upper Level | 3.48 x 4.62 meters |
| Living room | Main level | 4.75 x 7.49 meters |
| Dining room | Main level | 4.42 x 4.88 meters |
| Kitchen | Main level | 6.43 x 3.18 meters |
| Mud room | Main level | 3.63 x 2.95 meters |
| Primary Bedroom | Second level | 4.42 x 4.39 meters |
| Bedroom 2 | Second level | 4.42 x 5.06 meters |
| Bedroom 3 | Second level | 5.56 x 3.66 meters |
| Recreational, Games room | Basement | 2.18 x 3.94 meters |
| Bedroom | Basement | 6.15 x 6.96 meters |
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Humewood-Cedarvale) before counting on it.
How is the home heated? Is it efficient?+
Heating is radiant heat, electric. Electric heating can mean higher winter bills — ask for past utility statements.
What makes this a luxury property?+
At $2,655,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $11,485, heating is radiant heat, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — wall unit cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale123 days18
For Sale51 days17
For Sale79 days24
For Sale72 days43
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.