1202 Islington Avenue, Toronto, ON
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Property Highlights
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 $1,199,000 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 2 Bathrooms
- Premium 35.33 x 120 ft lot size
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient water heating via gas
Description
Discover the unlimited potential of this detached home in Bloor/Islington area. The front entry offers privacy with the towering trees, shrubs, rose of sharon and lavender. This property offers the opportunity for those looking to create their dream home, top-up, build back or create your own design and renovation. There is a separate entrance for perhaps an in-law suite or rental potential. There is a wrought-iron gate to the backyard featuring an oversized garage with hydro, as well as driveway parking, adding to its convenience. The backyard is large and can be a private oasis for summer time bbqs with the small Japanese Maple tree. This property is close to top-ranked schools including the new Holy Angels Catholic School opening this year, parks, shopping, Bloor Street dining and restaurants, and the subway is just steps away. Easy access to major highways and public transportation makes for effortless commuting. You don't need a car to live here. This location has a superb walking score - your opportunity awaits!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1202 Islington Avenue, Toronto W08, ON M8Z 4T1
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.
