1 White Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,990,000 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.
- 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50 x 100.07 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, Central Vacuum, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Highland Creek detached home with over 4000 sq. ft of living space (only 3 years old), Premium finishes throughout, with large windows and skylights that fill the home with natural light. The foyer features grand porcelain floors, while the family and living rooms offer coffered ceilings and engineered hardwood. Premium cabinetry & millwork are featured throughout the house. Upstairs, there are four generously sized bedrooms and three full bathrooms with high-quality vanities. Two bedrooms have their own ensuites, while the other two share a sleek 3-piece bathroom. A dedicated laundry room on the upper floor adds convenience. The basement has a separate entrance, two bedrooms, two full bathrooms, its own laundry, and a fully equipped kitchen. Ideal for multi-generational living or as an income suite, with potential rental income estimated at $2500 per month for the basement suite. This home is in a great location, just a minute away from the Highway 401! University of Toronto Campus, Public schools, trails, parks, transit, GO Station, is all in close proximity.
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Pricing & Value Insights
Data-driven valuation for 1 White Avenue, Toronto E10, ON M1C 1P1
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 $1,990,000 in Toronto, the legal minimum down payment is $398,000 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 $36,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,275 also applies, bringing the total estimated land transfer taxes to $72,550.
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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.
