123 Preston Street, Toronto, ON
This listing is no longer active (Sold)
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 1 Bedroom and 1 Bathroom
- Premium 25 x 150 ft lot size
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
**ATTENTION! Builders & Investors!** Do Not Miss This Exceptional Opportunity! This Charming Bungalow, Situated On A Deep 150 ft. Lot, Offers The Perfect Canvas For Your Dream Home With Plans Ready To Build A Magnificent 2200 sqft Modern House! The Proposed House Has Been Thoughtfully Designed With An Open Concept Main Floor That Seamlessly Blends Style & Functionality. The Expansive Living Area Will Be Bathed In Natural Light, Creating An Inviting Atmosphere For Entertaining & The gourmet kitchen Will Boasts Ample Counter Space & Centre Island, Making It A Chef's Delight! The 2nd Level Has Been Designed To Feature 4 Spacious Bedrooms & 3 Washrooms! The Plans Also Provide For A Fully Finished Open Concept Basement With A Massive Basement Walkout! Beyond The Promising Plans, The Existing Bungalow Has Been Well Maintained Has Served As A Reliable Income Source! This Presents A Fantastic Opportunity For Those Seeking To Offset Their Carrying Costs Until Such Time As They Are Ready To Start Construction! **Additional Opportunity - 121 Preston St, With Buildings Permits, Also Listed for Sale**
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, Fenced Yard, School
Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 123 Preston Street, Toronto E06, ON M1N 3N4
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 $699,900 in Toronto, the legal minimum down payment is $44,990 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 $10,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,473 also applies, bringing the total estimated land transfer taxes to $20,946.
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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.
