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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 $1,150,000 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.
Spacious Family Home With Income Potential in Etobicoke! Welcome to 1164 Kipling Ave, a detached raised bungalow in the desirable Islington City Centre West neighbourhood. With approx 2500 sq ft of total space, 3 bedrooms, 2 bathrooms, 2 kitchens, large rooms, hardwood floors, and a separate basement entrance, this home offers excellent flexibility for today's buyers. Families will love the generous layout, eat in kitchen, double car garage, and ample parking. First time buyers can explore the option of living upstairs while using the lower level for extended family or possible rental income. Investors will appreciate the location, layout, parking, and long term upside. Same owners since 1978, giving the next buyer a rare chance to update and create value in a well established Etobicoke pocket. Close to TTC, schools, parks, shopping, major highways, and everyday amenities.
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Data-driven valuation for 1164 Kipling Avenue, Toronto W08, ON M9B 3M6
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 $1,150,000 in Toronto, the legal minimum down payment is $230,000 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 $19,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,475 also applies, bringing the total estimated land transfer taxes to $38,950.
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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.