A rare triple-income opportunity in Roncesvalles! This one-of-a-kind multi functional property combines the character of a century home with the cool edge of soft-loft living - offering three fully independent spaces: a stunning main residence, a legal lower level apartment and a charming laneway studio. Perfect for savvy investors or end-users alike, this home presents unmatched flexibility: live in beautifully upgraded main house while generating exceptional rental income from the basement and laneway suite or use all three spaces to suit your evolving lifestyle needs. Set on quiet cul-de-sac across from a peaceful parkette, the main residence features soaring 10+foot ceilings with exposed beams, a gas fireplace, and sun-filled windows with southern exposure. French doors open to a lush courtyard garden - ideal for entertaining or serene mornings. The legal basement apartment features polished concrete radiant heated floors, a full kitchenette, generous storage and stylish bath amenities - perfect for a long term tenant or guests. The laneway studio is it's own urban oasis with skylights, kitchenette, full bath, insuite laundry, radiant flooring, and lofted bed ideas as an income suite, artists' workspace, nanny quarters, or private retreat. Month to month tenants in the laneway house are in place and open to staying, providing immediate income potential. This is a true unicorn in one of Toronto's most beloved neighbourhoods, an incredible investment, lifestyle opportunity, or both!
Address
18 Saunders Avenue
List Price
$1,250,000
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
2-Storey
Area
Toronto W01
Sub-Area
Roncesvalles
County
Toronto
Bedrooms
1 + 2
Bathrooms
3
Floor Area
700 - 1100 Sq. Ft.
Lot Depth
120
Lot Size Units
Feet
Lot Width
11.5
MLS® Number
W12255586
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
Walk-Up
Postal Code
M6R 1B8
Parking
None
Tax Amount
$6,183.51
Tax Year
2025
Interior Features
Other
Property Features
Cul de Sac/Dead End, Fenced Yard, Hospital, Library, Park, Public Transit
Heat Source
Gas
Heat Type
Water
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
North
Fireplace
Yes
Foundation Details
Unknown
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Unknown
Waterfront
No
Sewer
Sewer
