129 Ernest Avenue, Toronto, ON

$1,299,900
MLS#:C9783491
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Pleasant View. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 76.29 x 135 ft lot
  • Features a crawl space, full 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: Auto Garage Door Remote, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rarely seen 76 foot lot! Want space and privacy? This could be your dream property. Renovate or rebuild - the opportunities are endless for what you can do on this 76 x 135 lot. One owner. Great mature, family area close to schools, community centre and highway access. Mature and beautiful fruit trees in huge backyard. Tons of windows for natural light. Bright sunfilled home!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick
BasementCrawl Space, Full
Lot Size76.29 × 135 Feet
CountyToronto
Annual Tax$6,974.06
Legal DescriptionPT LT 29 PL 3264 NORTH YORK AS IN NY567867; TORONTO (N YORK), CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Sump Pump

Security Features

Community Features

Location

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129 Ernest Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 129 Ernest Avenue, Toronto C15, ON M2J 3T7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$259,980 (20.0%)
* Minimum Canadian down payment required for this price is $259,980.
Amortization Period25 Years
Estimated Monthly Payment$6,197Based on a loan of $1,039,920 over 25 years.
Purchase Price$1,299,900
Loan Amount$1,039,920
Provincial Land Transfer Tax:$22,473
Toronto Municipal Land Transfer Tax:$22,473
Total Estimated Closing Taxes:$44,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,299,900 in Toronto, the legal minimum down payment is $259,980 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 $22,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,473 also applies, bringing the total estimated land transfer taxes to $44,946.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Pleasant View, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$957,513

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Gerald
Public200 Old Sheppard Avenue, Toronto, Ontario, M2J 3L9
6.1
Epiphany of our Lord
Public3150 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 3J5
4.0
St Timothy
Public25 Rochelle Crescent, Toronto, Ontario, M2J 1Y3
6.9
St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2
St Aidan
Public3521 Finch Avenue East, Scarborough, Toronto, Ontario, M1W 2S2
5.6

Secondary Schools

Sir John A Macdonald
Public2300 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 1H8
6.1
Georges Vanier
Public3000 Don Mills Road, Toronto, Ontario, M2J 3B6
6.7
George S Henry
Public200 Graydon Hall Drive, Toronto, Ontario, M3A 3A6
2.3
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3
Stephen Leacock
Public2450 Birchmount Road, Scarborough, Toronto, Ontario, M1T 2M5
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.