118 Ferrier Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Playter Estates-Danforth. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Rare Opportunity In The Coveted Jackman School District! Welcome To An Exceptional Opportunity In One Of Toronto's Most Prestigious And Highly Sought-after Neighbourhoods. Situated On A 25 X 100 Ft Lot, This 2.5 Storey Home Offers Endless Potential For Renovators, Investors, Builders, Or Families Looking To Create Their Dream Residence In A Premier Location.Being Sold As Is, Where Is, The Property Features A Spacious Backyard, A Walk-out From The Kitchen, And A Separate Basement Walk-out, Providing Excellent Possibilities For Redesign, Multi-generational Living, Or Future Income Potential. With Laneway Access At The Rear, Buyers May Also Explore The Potential For A Laneway Suite/coach House, Offering Exciting Possibilities For Additional Living Space, Rental Income, Or Future Value, Subject To All Required Zoning, Building, Tree, And Municipal Approvals. Whether You Envision A Stunning Custom Renovation, An Investment Property, A Multi-unit Conversion, Or A Forever Family Home, This Address Offers The Foundation, Location, And Upside To Make It Happen.A True Diamond In The Rough - Bring Your Vision And Unlock The Potential.
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Pricing & Value Insights
Data-driven valuation for 118 Ferrier Avenue, Toronto E03, ON M4K 3H4
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 $1,399,000 in Toronto, the legal minimum down payment is $279,800 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 $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.
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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.
