122 Mcgillivray Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,380,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 41 x 115 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 122 McGillivray Avenue, a solid 3 plus 2 bedroom bungalow in the heart of Bedford Park, one of North York's most established and sought-after communities. Set on a 41 x 115 ft lot, this is a property that offers immediate livability along with clear long-term potential. The home features a practical, family-friendly layout with spacious principal rooms, hardwood flooring, and a finished basement with separate entrance, second kitchen, and additional bedrooms, providing excellent flexibility for extended family living or multi-generational use. Move in and enjoy as is, update over time, or bring your own vision to elevate the space. For builders and investors, the lot and location present a compelling opportunity, surrounded by high-end homes and ongoing development in a neighbourhood that consistently supports strong values. Ideally located just steps to synagogues, schools, parks, and everyday amenities, with convenient access to major routes and transit, this is a chance to secure a foothold in a premier community. A versatile property with multiple paths forward whether you are looking for a place to call home, or an opportunity to create something more.
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Pricing & Value Insights
Data-driven valuation for 122 Mcgillivray Avenue, Toronto C04, ON M5M 2Y6
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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 $1,380,000 in Toronto, the legal minimum down payment is $276,000 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 $24,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,075 also applies, bringing the total estimated land transfer taxes to $48,150.
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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.
