138 August Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $724,900 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 34.49 x 131 ft lot
- Features a partially finished, full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 138 August Ave, a meticulously maintained and updated Oakridge bungalow, on a quiet dead end street that has been cherished by the same owners for over forty years. With beautiful attention to detail, this home is move-in ready, offering incredible peace of mind with upgrades including basement waterproofing completed in 2017, some newer windows in 2019, a new roof in 2020, and upgraded attic insulation in 2010. The good sized bedrooms both offer built-in storage with one of the bedrooms featuring a murphy bed and a large closet with a window. The interior is highlighted by two gas fireplaces, one on each level, an updated kitchen overlooking the back yard and a space saving tankless hot water system. This home's layout allows for the easy addition of an extra door to create separate basement living space or finish it off later to double your personal living area. Situated on a beautiful, substantial 34.49ft X 131ft lot, the exterior features an impeccably kept interlock back patio, perfect for entertaining, a small mudroom for convenience and sunny afternoons and is surrounded by abundant green space. Residents enjoy being minutes away from the Oakridge Community Centre, Taylor Creek Park, Dentonia Park Golf Course, Byng Park, the Gus Harris Trail, and the Warden Woods off-leash dog park. With a transit score of 86, a walk score of 79, and a bike score of 74, this location offers seamless access to the Victoria Park Subway and various biking trails. The home is also perfectly positioned for families within the catchment area for Oakridge Junior Public School, Samuel Hearne Middle School, and Birchmount Park Collegiate. Offers anytime.
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Pricing & Value Insights
Data-driven valuation for 138 August Avenue, Toronto E06, ON M1L 3N4
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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 $724,900 in Toronto, the legal minimum down payment is $47,490 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 $10,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,973 also applies, bringing the total estimated land transfer taxes to $21,946.
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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.
