121 Memorial Park Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,250,000 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
- Premium 25.03 x 120 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Welcome to this amazing detached East York house located in a good neighbourhood with many young families and a large presence of seniors in the surrounding bungalows. The following highly regarded schools are within walking distance: Diefenbaker, Holy Cross, R.H. McGregor and Ecole Elementaire La Mosaique. This home has been meticulously maintained with is gleaming hardwood floors throughout.The basement was lowered and finished with a kitchen and a 4 pc bathroom (potential income). The detached garage is heated and on its own breaker...could be a workshop or studio. The large backyard faces south and has a private patio area. The mutual drive is wide with an easy drive through. There is a legal front pad parking so parking for 3 cars. This house it is a short stroll to Michael Garron Hospital, Greektown and the Danforth with all its restaurants and shops. You can walk to Donlands subway or take 1 of the 3 bus routes close to the house. The new Ontario Line will have a station at Cosburn and Pape adding additional transportation access.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Memorial Park Avenue, Toronto E03, ON M4J 2K2
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 $1,250,000 in Toronto, the legal minimum down payment is $250,000 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 $21,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,475 also applies, bringing the total estimated land transfer taxes to $42,950.
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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.
