Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,990 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.
Looking for a move-in ready detached home with INCOME POTENTIAL in one of Etobicoke's most sought-after neighbourhoods? Welcome to 1016 Kipling Ave, an impeccably maintained raised bungalow offering exceptional flexibility for homeowners, investors, or multigenerational families. Featuring a fully self-contained 2-bedroom basement apartment with separate entrance, this property is ideal as a mortgage helper, in-law suite, or shared living arrangement. UPDATED & RENOVATED. *New triple-glazed windows throughout. The main level offers 3 bedrooms above grade, including a unique upper-level bedroom, New flooring, spacious principal rooms, a bright living room with cozy fireplace, and a generous family-sized dining area. The beautifully renovated kitchen showcases stunning two-tone sage green cabinetry, updated appliances, and timeless finishes. Lovingly maintained by the same family for over 20 years, pride of ownership is evident throughout. Situated on a fantastic corner lot in the highly desirable Islington City Centre/Princess-Rosethorn area, surrounded by multi-million dollar homes, this is a rare opportunity to enter a prestigious neighbourhood at a more approachable price point. Walk to Kipling Subway Station, shops, cafés, restaurants, parks, and everyday amenities, with top-rated schools nearby and convenient access to downtown Toronto, major highways, and Pearson Airport. Warm, welcoming, and filled with opportunity, this home truly offers the perfect blend of character, flexibility, and value. Home inspection available upon request.
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Accessory Apartment, Water Heater Owned, On Demand Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1016 Kipling Avenue, Toronto, ON M9B 3L4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,249,990 in Toronto, the legal minimum down payment is $249,998 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 $21,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,475 also applies, bringing the total estimated land transfer taxes to $42,950.
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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.