With the long-delayed Eglinton LRT still in the works, David Fleming takes a look at Toronto’s Golden Mile, one of the few areas in the city where you can still find detached homes under $1 million. This week’s Pick 5 compares five bungalows along Eglinton Ave East, exploring how lot size, condition, and renovation potential affect value. Could these properties gain a huge advantage once the LRT opens?
This week’s picks:
- 3:33 – 31 Tedford Dr: A solid 3-bed, 2-bath on a 50 × 108 ft lot with great bones and a huge basement, a classic value-add bungalow ready for renovation
- 7:17 – 14 Shandara Cres: Detached 3-bed with private drive and a McMansion next door, showing redevelopment potential in this pocket
- 11:05 – 20 Muldrew Ave: Nicely updated inside with drywall and newer finishes, perfect for buyers who want move-in ready under $1M
- 15:14 – 34 Droxford Ave: A wider 52 ft lot with a renovated main floor and a basement apartment with income potential
- 19:56 – 38 Lingarde Dr: Smaller frontage but beautifully landscaped property that backs onto trees, a higher-end bungalow priced higher for sophisticated finishes
If you’re wondering where the next wave of development might hit in Toronto, or if detached homes under $1M are still out there, this episode is for you.
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