115 Elise Terrace, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 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 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 30 x 120 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
- Notable attributes: Primary Bedroom - Main Floor, Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this well-maintained and versatile home located in the highly desirable Bathurst & Steeles area - perfect for end-users and investors alike.The main floor features a fully renovated kitchen and breakfast area with upgraded appliances, including a built-in oven and gas cooktop, all set on stunning white granite countertops. Enjoy a bright and functional layout with 3 well-sized bedrooms, a spacious living and dining area, and two fully renovated bathrooms on the main level.The property also offers 2 self-contained basement apartments with a separate side entrance and can offer multiple revenue streams in a high-demand rental area . A shared laundry room and ample storage space add convenience for tenants or extended family living. Additional highlights include a metal roof with lifetime warranty, newer windows, new furnace, and 3 parking spaces. Located just steps to shopping plazas, banks, restaurants, and TTC transit, this home offers unbeatable convenience in a sought-after neighbourhood. Ideal for investors, multi-generational families, or those looking to offset their mortgage with rental income!
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Primary Bedroom - Main Floor, Accessory Apartment
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 115 Elise Terrace, Toronto C07, ON M2R 2W9
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 $998,000 in Toronto, the legal minimum down payment is $74,800 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 $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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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.
