Guildwood · Toronto
$1,777,000
The scan
Legal secondary 2-bedroom, 2-bathroom suite generates $4,700/month in long-term executive rental income
Tenanted and legal from day one, so the upside sits in the rent roll instead of the shovel.
- Lot 18.2 m x 35.7 m (59'-9" x 117'-0")
- Detached
What you are buying, and what is left unused
The building is the asset here, so the numbers lead with what it costs per existing foot and per unit. The as-of-right envelope follows as unused permission: where it runs well ahead of what is standing, there is room to add without buying more land.
Lot area
Lot coverage
Storeys
Height limit
Existing floor area
Permitted envelope
Zone
Add a garden suite
By-law 849-2025 s.11A garden suite is a separate allowance, not counted into the main building's floor area. Its own cap is 60 m² over one storey or 120 m² over two. With a suite on the lot, coverage follows one of two by-law options, and which one is the applicant's choice.
Garden suite: 120 m² (1,292 ft²), 6.3 m tall, 7.5 m from the main building
Option A · all buildings at 45%
- Main building
- 464 m² (4,996 ft²)
- Main plus suite
- 584 m² (6,287 ft²)
Option B · main on the overlay, ancillary at 20%
- Main building
- 428 m² (4,611 ft²)
- Main plus suite
- 548 m² (5,902 ft²)
The rest of this listing
Photos and the brokerage's own write-up need a sign-in.
What TESA makes of this lot, what the by-law allows on it, and the asking price are all above. What the listing brokerage published sits behind a text message, and a Canadian mobile number is the whole login.
Behind the sign-in
- Every photo on the listing
- The brokerage's full description
- The complete facts grid
- Open house times
- The virtual tour
- The location map
Listing courtesy of RE/MAX REALTRON MARIUS MITROFAN GROUP.
This information is provided by the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate by PropTx.
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 updated Aug 27, 2026, 9:47 PM ET · Source: Toronto Regional Real Estate Board
