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Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $849,000 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.
Rarely does an opportunity like 132 Ivy come along. Since 1961, only one family has called this house home, filling these walls with over 60 years of memories from summer BBQs to kids playing until the streetlights came on. Now, this home is looking for a new family to start their own 60-year legacy. It features a classic front porch perched above the street that is perfect for morning coffees and connecting with the vibrant local community. Inside, you will find an untouched layout with great bones & approximately 1,675 sq. ft. of total living space. The main living areas showcase original character with hardwood floors and traditional deep baseboards. The eat-in kitchen is a great size. There are 3 good sized bedrooms including a primary bedroom highlighted by a large bay window, with lots of natural light. A significant advantage is the separate entrance to the basement, which houses a recreation room and wet bar, offering excellent potential for a future income suite or additional family space. While the finishes reflect a different era, the foundation for happiness is already here! The laneway parking was removed to enlarge the back yard, but there's the potential to add it back or just enjoy a larger than average yard for the neighbourhood. An amazing chance to roll up your sleeves to create your dream home in a great South Riverdale location.
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Data-driven valuation for 132 Ivy Avenue, Toronto E01, ON M4L 2H7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.