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For Sale

24 Morgan Avenue

Stonegate-Queensway, Toronto, ON
$998,000
4+2Bd
2Ba
1,750+sqft
5Parking
45 x 108.41 ftlot
$570/sqft
DetachedMLS# W13118072Listed 2026-05-1214 DOM
Cooling
Central Air

About this home

Calling all investors, renovators, or buyers seeking a fixer-upper with tremendous upside potential, offering the perfect canvas to renovate, personalize, and add long-term value. Welcome to 24 Morgan Avenue, located in a great family-friendly neighbourhood. This large bungalow presents a rare opportunity to own an ideal fixer-upper in a great location with an exceptional layout. A home with tremendous curb appeal and a charming front porch that invites you in as you enter your dream home, an idyllic spot where you can begin your day with a cup of coffee or wind down with a glass of wine. Featuring a bright and spacious floorplan that includes expansive principal rooms, four generous main floor bedrooms, a huge dine-in kitchen, an open concept combined living & dining room... a perfect space for entertaining. In addition, below you will find a huge 2-bedroom basement apartment with a private entrance, truly a bright and spacious apartment due to its several large grade windows, making it a blank canvas with endless possibilities, whether for basement rental income, extended family accommodations, or multi-generational living. Throughout the home, you will find plenty of accessibility features, including even your very own elegant elevator. While outside, an ample backyard awaits you for summer BBQs, gardening, or almost anything your mind can conjure up. Nestled on a quiet street within arm's reach of the city's liveliest and serene escapes. Enjoy being only minutes from some of Toronto's most sought-after outdoor destinations, including High Park, Sunnyside Beach, and Humber Bay. Commuters will appreciate the close proximity to TTC routes (steps to Royal York and Queensway) (5 minutes to Mimico GO), convenient access to the Gardiner Expressway, The Queensway, and only minutes to Pearson International Airport. Near multiple Grocery stores, some of Toronto's best restaurants, and boutique shops.

Basement Apt

Rooms

Main Floor
Foyer3.43 × 2.28 m
Bedroom 22.95 × 5.90 m
Living Room4.16 × 6.65 m
Dining Room4.16 × 6.61 m
Breakfast3.42 × 4.10 m
Kitchen3.26 × 2.74 m
Bathroom2.29 × 1.91 m
Primary Bedroom4.19 × 4.03 m
Bedroom 33.41 × 4.04 m
Bedroom 43.41 × 2.99 m
Basement
Bedroom3.78 × 3.59 m
Bedroom 22.97 × 2.74 m
Living Room3.38 × 5.03 m
Dining Room3.85 × 4.86 m
Kitchen3.38 × 6.73 m
Bathroom1.80 × 2.64 m
Cold Room/Cantina3.00 × 1.10 m

Features

  • Primary Bedroom - Main Floor
  • Separate Entrance
  • Apartment
  • Central Air
  • Bungalow

Financials

Annual Taxes
$5,904

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Basement apartment$1,800 – $2,500/mo
Rental yield4.8% – 7.8%

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

Market Data — Toronto

Days on market14 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 57.9% below estimate
Estimated range
$2.19M$2.55M
Mid-point $2.37M · ~$1353/sqft
How this listing compares
$2.19MList · $998K$2.55M
Medium confidence·Based on 25 stonegate-queensway 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.

$998,000
24 Morgan Avenue, Toronto
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