119 Heale Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,395,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40.02 x 125.14 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- Efficient radiant heating via gas
Description
Attention: Builders; build your dream home with ready permits( approved), Upstairs totally renovated and vacant basement is to put your own taste and finish, ready to move in or rent out, Or, build your own dream home of 3400sf with ready permit, A Diamond in your reach in the highly sophisticated neighborhood of Scarborough, Toronto, At the same time its a dream come true for Builders, Investors, Renovators. Build your dream home with huge basement, permit ready and approved, on a spacious solid lot with space for a huge home in a desirable location, Renovate the basement to your own taste while living upstairs, Fantastic opportunity on an approximate 40X125 ft lot, beautiful family neighborhood. absolutely dream location, mins to GO station, TTC, School, Doctors, Pharmacy, plazas, groceries, etc. The Basement is to be finished & renovated by the buyer.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 119 Heale Avenue, Toronto E06, ON M1N 3Y2
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 $1,395,000 in Toronto, the legal minimum down payment is $279,000 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 $24,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,375 also applies, bringing the total estimated land transfer taxes to $48,750.
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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.
