Toronto — Top 5 Renovation Picks (Aug 12, 2025)

Properties Toronto
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63 Mcknight Dr — $795,000

  • Beds/Baths: 4 bd / 2 ba
  • Lot size: 112 sqft
  • Year Built / Type: — / Single Family Residential
  • Parking: Attached
  • Status / Last Sale: Listed (Active) / $795,000 Aug 12, 2025
  • Summary: This semi-detached link home offers a comfortable layout with modern amenities, including a finished basement that enhances living space.
  • Renovation rationale:
    • Low price at $795,000 for a 4-bedroom home indicates potential for value increase.
    • The finished basement provides an opportunity for additional living space or rental income.
  • Why these metrics matter for renovation:
    • The 4 bedrooms and 2 bathrooms create flexibility for family living or rental potential, while the low purchase price allows for a substantial renovation budget to increase property value.
  • Recommended renovation ideas: Update kitchen and bathrooms for modern appeal, enhance curb appeal with landscaping, and consider adding energy-efficient features.
  • View on Redfin

74 Ferncroft Dr — $1,299,000

  • Beds/Baths: 3 bd / 2 ba
  • Lot size: 120 sqft
  • Year Built / Type: — / Single Family Residential
  • Parking: Private
  • Status / Last Sale: Listed (Active) / $1,299,000 Aug 12, 2025
  • Summary: This well-maintained bungalow features a modern kitchen and a spacious finished basement ideal for gatherings.
  • Renovation rationale:
    • Reasonably priced for a 3-bedroom home in a desirable neighborhood.
    • The finished basement adds significant value and usable space.
  • Why these metrics matter for renovation:
    • The combination of 3 bedrooms and a large lot size provides ample space for family living or potential rental opportunities, making it a solid investment for renovations.
  • Recommended renovation ideas: Upgrade kitchen appliances, modernize bathrooms, and enhance outdoor living space.
  • View on Redfin

159 Rosemount Ave — $1,375,000

  • Beds/Baths: 5 bd / 2 ba
  • Lot size: 145 sqft
  • Year Built / Type: — / Single Family Residential
  • Parking: Private, Detached
  • Status / Last Sale: Listed (Active) / $1,375,000 Aug 12, 2025
  • Summary: This charming Arts and Craft home combines original character with modern updates, set on a spacious lot in Weston Village.
  • Renovation rationale:
    • The large lot and 5-bedroom layout provide significant renovation potential.
    • The existing charm can be preserved while modernizing key areas.
  • Why these metrics matter for renovation:
    • The spacious layout and desirable location can attract families, making it a good candidate for renovations that enhance functionality and aesthetics.
  • Recommended renovation ideas: Restore original features while upgrading the kitchen and bathrooms for modern functionality.
  • View on Redfin

32 Edwalter Ave — $1,958,000

  • Beds/Baths: 4 bd / 3 ba
  • Lot size: 125 sqft
  • Year Built / Type: — / Single Family Residential
  • Parking: Private, Detached
  • Status / Last Sale: Listed (Active) / $1,958,000 Aug 12, 2025
  • Summary: Recently renovated, this home blends modern luxury with traditional charm, featuring a gourmet kitchen and spacious living areas.
  • Renovation rationale:
    • Recently updated with high-quality finishes and systems, minimizing immediate renovation needs.
    • Its location in a sought-after neighborhood adds to its value.
  • Why these metrics matter for renovation:
    • The blend of modern amenities and traditional design allows for a high ARV, appealing to buyers looking for move-in ready homes.
  • Recommended renovation ideas: Minor updates to personalize the space, such as landscaping or interior decor enhancements.
  • View on Redfin

12 Yonge St #2004 — $828,000

  • Beds/Baths: 2 bd / 2 ba
  • Year Built / Type: — / Condo/Co-op
  • Parking: Underground
  • Status / Last Sale: Listed (Active) / $828,000 Aug 12, 2025
  • Summary: This spacious corner unit features modern upgrades and amenities, located in a prime downtown area.
  • Renovation rationale:
    • Competitive price for a 2-bedroom condo in a high-demand area.
    • The unit’s layout offers potential for maximizing rental income or personal use.
  • Why these metrics matter for renovation:
    • The location and size make it an attractive investment for short-term rentals or resale, with room for cosmetic improvements to increase value.
  • Recommended renovation ideas: Update kitchen and bathrooms, enhance storage solutions, and consider smart home technology upgrades.
  • View on Redfin

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Such a great research