$2,655,000
For sale: Detached

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.
Sold data
Detached homes in Toronto (Humewood-Cedarvale) took a median of 17 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 38, across 1,869 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $1,199,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 1,869 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Humewood-Cedarvale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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