1 Hoshlega Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 100 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step inside this spacious raised bungalow and experience the perfect blend of vintage charm, function, and opportunity. The main floor boasts an open concept living and dining area, ideal for entertaining and everyday living. With three bedrooms on the main floor there is room for the whole family. The kitchen has some modest updates and is ready to serve your guests. Downstairs, the retro vibe continues, where you will find a versatile in-law suite, complete with a second kitchen, bathroom, living area and one bedroom, plus den perfect for multi-generational living, guest accommodations, or a great mortgage helper. Although there currently isn't a separate entrance, there is potential for one to be added. An attached garage provides added convenience and extra storage space. This home sits on a large corner lot, featuring gardens that are waiting for you to breathe new life into them. Conveniently located close to all amenities and has easy access to the 401 for commuting. Some aspects of the home are in vintage condition, but with a few cosmetic updates it could be beautifully reimagined.
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Features
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Interior Features
In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 Hoshlega Drive, Toronto E09, ON M1G 2X4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $950,000 in Toronto, the legal minimum down payment is $70,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
