$1,049,000
For sale: Detached

Welcome to 298 Glebemount Ave! This charming brick 1 1/2-storey home offers 4 bedrooms, 2 full bathrooms, and 1,358 sq. ft. of above-grade living space on an extra-wide 34.55 ft. x 122.30 ft and deep fully fenced lot in a desirable family-friendly neighbourhood. The bright, functional main floor features hardwood flooring throughout the living and dining areas, a spacious eat-in kitchen, two well-sized bedrooms, and a full bathroom. The second main-floor bedroom features walkout sliding doors to the sunroom, creating seamless indoor-outdoor living. The upper level offers two generous bedrooms, a flexible den ideal for a home office or nursery, and a second full bathroom. The finished walk-up basement offers exceptional additional living space with a spacious recreation room complete with a built-in bar and kitchenette, making it ideal for entertaining, extended family, or potential in-law living. The basement also features laundry, abundant storage, and a convenient cold cellar. Major updates including the roof, furnace, and central air conditioning. Step outside to enjoy the expansive backyard complete with a patio, garden shed, and ample space for entertaining, gardening, or future expansion. Detached 270 sqft garage and private driveway parking. The generous lot unlocks a rare opportunity for those looking to renovate, expand, or build their dream home in one of Toronto's most desirable neighbourhoods. Ideally located close to parks, schools including East York Collegiate, Michael Garron hospital, subway, public transit, shopping, and all everyday amenities. An exceptional opportunity for first-time buyers, growing families, investors, or those seeking a well-maintained home with outstanding future potential.
Sold data
Detached homes in Toronto (East York) took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 31, across 2,143 recorded sales.
The median sale price was $1,248,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 2,143 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (East York) 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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