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For Sale

204 Derrydown Road

York University Heights, Toronto, ON
$1,499,999
5+4Bd
4Ba
1,300+sqft
6Parking
50 x 120 ftlot
$1154/sqft
DetachedMLS# W12929926Listed 2026-03-2778 DOM
Cooling
Central Air
Basement
Finished

On the market for 78 days — longer than average. The seller may be open to negotiation.

About this home

ATTENTION INVESTORS!! Welcome to This One Of A Kind Investment Property that cannot missed out!!! Big cash flow from day one, and huge value-add potential - a true find in the high-demand and stable Toronto area markets. Property Highlights: 5+4 bedrooms. Fully renovated basement (2024) with 2 full bathrooms, laundry, furnace room & washer/dryer (2025, new coin-operated machine in basement. The additional washer and dryer for the main floor are disconnected and kept in the garage, which will be left for the new owners.* 4 full bathrooms with handheld bidets, all renovated in 2024* High-end luxury vinyl flooring & stairs throughout (carpet-free)* 4 fridges, 1 Whirlpool top cook, 2 Whirlpool low-profile microwave. All purchased 2024* Smart garage door opener w/ camera (2025)* Outside pot lights at side entrances (2025)* All rooms come furnished with beds, desks, chairs, shelves, and closet space.* Smoke alarms in every bedroom, fully interlinked (by-law compliant)* 2 emergency exit signs in the basement with battery backup* Metal roof (2023) with gutter & leaf guard* New Interlocking backyard (July 2025, 2-year warranty) with artificial turf: ready space for gazebo/shed or 3 legal garden suites (new Toronto zoning = extra lots of $$$ rental income!)* New asphalt driveway with interlocking in the front driveway is completed in July 2025, backed by a 2-year warranty.* You can also remove the wall from room#4 & #5 for additional living and great room on the main floor.* Basement kitchen has a quartz countertop* Recently installed a wooden fence in the backyard (2025)* Water softener installed. *2 min walk to NEW Finch West Zero-Emission Light Rail Transit to open this Summer with 16 stations connecting Humber College and the Finch West TTC Subway station. - Minutes to York University & Seneca College.

GarageRenovated

Rooms

Main Floor
Bedroom4.30 × 3.36 m
Bedroom 23.27 × 3.07 m
Bedroom 32.93 × 2.93 m
Bedroom 43.29 × 3.07 m
Bedroom 53.25 × 2.93 m
Kitchen3.36 × 3.11 m
Dining Room3.12 × 3.57 m
Basement
Bedroom3.11 × 3.37 m
Bedroom 23.12 × 3.57 m
Bedroom 33.36 × 3.11 m
Bedroom 43.12 × 3.57 m
Kitchen4.21 × 3.28 m

Features

  • Auto Garage Door Remote
  • Finished
  • Separate Entrance
  • Central Air
  • Bungalow

Financials

Annual Taxes
$4,292

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield3.6% – 5.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market78 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 55.7% above estimate
Estimated range
$891K$1.04M
Mid-point $964K · ~$741/sqft
How this listing compares
$891KList · $1.50M$1.04M
Medium confidence·Based on 12 york university heights comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,499,999
204 Derrydown Road, Toronto
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