1005 Cosburn Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $869,000 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 35.04 x 99.52 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 1005 Cosburn Avenue, a charming and well-maintained detached home in the heart of East York. Potential R2A Zoning or Multi-Residential. This solid brick property offers timeless curb appeal and an ideal layout for families, investors, or multi-generational living. The main level features spacious principal rooms, original hardwood flooring, and a functional eat-in kitchen with walk-out to the backyard. You'll find three generously sized bedrooms and a full bath, filled with natural light. Downstairs, the separate entrance leads to a self-contained two-bedroom apartment complete with its own kitchen, bathroom, and living area ideal for rental income or extended family use. Enjoy a private backyard oasis, a detached garage, and private driveway parking. Located just steps to parks, schools, transit, and all the amenities of the Danforth, with easy access to the DVP and downtown. 1005 Cosburn Avenue is a rare find offering space, income potential, and a prime East York location all in one.
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In-Law Suite, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1005 Cosburn Avenue, Toronto E03, ON M4C 2W8
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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 $869,000 in Toronto, the legal minimum down payment is $61,900 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 $13,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,855 also applies, bringing the total estimated land transfer taxes to $27,710.
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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.
