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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $889,888 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.
Welcome to 12 Stanhope Ave, a charming home located in a peaceful and quiet neighbourhood with convenient access to city amenities.This property features original architectural details, including gum wood French doors, a fireplace, stained glass windows, and decorative ceiling mouldings, preserving the home's classic character.Enjoy excellent accessibility to four bus routes, with an easy 15-minute drive or 35-minute subway ride to downtown Toronto. A short walk takes you to the shops and restaurants along Danforth Avenue.The area offers beautiful walking parks with streams, perfect for dog owners and nature lovers. Grocery stores such as Loblaws, Sobeys, and Food Basics are conveniently located nearby.A rare opportunity to own a character-filled home in a well-connected and tranquil setting
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Data-driven valuation for 12 Stanhope Avenue, Toronto E03, ON M4K 3N5
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 $889,888 in Toronto, the legal minimum down payment is $63,989 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 $14,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,273 also applies, bringing the total estimated land transfer taxes to $28,546.
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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.