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Humewood-Cedarvale, Toronto
$2,950,000
163 Wychwood Avenue is a rare architectural offering in the heart of Wychwood - a meticulously renovated main residence paired with a design-forward laneway home. Featured in Toronto Life and finished to a luxury standard, this live/work compound delivers exceptional scale and versatility - ideal for entrepreneurs, creatives, professionals, multigenerational families, or those needing a private guest residence or executive workspace.The main home blends contemporary refinement with timeless character. An open layout flows between living, dining, and kitchen spaces, anchored by an exposed brick feature wall, wide-plank hardwood floors, and curated finishes. The kitchen features Carrara marble countertops, custom cabinetry, a gas range, and abundant natural light. Upstairs, a serene primary retreat with cathedral ceiling pairs with a spa-inspired bath and heated towel warmer. The lower level adds a separate entrance, full bathroom, and rough-ins for a kitchen and laundry - flexibility for extended family, wellness space, guests, or future use.The 1,470 sq. ft. two-storey laneway home is a true second residence, defined by expansive glazing, dramatic light, and seamless indoor-outdoor connection. Conceived as luxury flex space, private studio, creative headquarters, executive office, or guest residence, it offers an opportunity seldom available in Toronto's urban core. The ground level houses a heated two-car garage adaptable as showroom, fitness studio, entertaining space, or collector garage. Above, a full kitchen with custom cabinetry and premium appliances, in-suite laundry, heated bathroom floors, and a spa-inspired bath with heated towel warmer create a bright, open-concept primary level. A rooftop level offers a future private terrace with skyline views including the CN Tower.Landscaped grounds, natural stone detailing, EV charging, and parking for up to three vehicles complete this rare offering in one of Toronto's most coveted neighbourhoods.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $11,485 |
| Lot Size | 25.03 ft x 130.19 ft |
| mls© Number | C13158030 |
| Listed By | FOREST HILL REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $15,099
- Property tax
- $957
- Heat allowance
- $150
- Housing costs
- $16,207 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$499,000
gross annual household income
- Payment at 4%
- $12,414 / mo
- Cash down
- $590,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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