Welcome to this remarkable Bungalow detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,139,999 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.
Welcome To This Stunning Bungalow, The Perfect Mix Of Modern Living And Comfort, Move-In-Ready Convenience-Ideal For First-Time Buyers, Small Families, Down-Sizers Or Anyone Looking For Stylish, Low-Maintenance Living By The Lake. Steps Away From Toronto's Waterfront With Amazing Parks, Trails, Excellent Schools, Access To Public Transit, Endless Shops On Lake Shore Blvd And A Short Drive To Downtown Toronto. The Interior Boasts A Bright, Spacious And Modern Open Concept Living Main Floor, With Lots Of Natural Light And Separate Living And Dining Space. With The A Completely Finished Basement And Side Entrance, This Property Comes With A Move-In-Ready Rental Opportunity For First Time Home Buyers And Or Investors Who Are Looking For Income As Well As A Personal Living Space. With A Private Gated Backyard And An Expansive Lot, This Home Is Perfect For Outdoor Entertaining And Growing Families. The Lot Features A Large Patio, Hot Tub, Retractable Awning, Shed And Ample Green Space. This Amazing Backyard Also Includes Laneway Access With An Already Poured Concrete Slab Including Hydro Hook Up Along The Rear Fence Line. An Amazing Opportunity To Be Converted Into A Parking Pad, A Future Garage Or Better Yet A Trendy Laneway Suite For Additional Income. A Truly Special Home Offering A Family Friendly Neighbourhood With City Life.
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Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 154 Fifth Street, Toronto, ON M8V 2C7
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 $1,139,999 in Toronto, the legal minimum down payment is $228,000 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 $19,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,275 also applies, bringing the total estimated land transfer taxes to $38,550.
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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.