16 Porter Avenue, Toronto, ON
This listing is no longer active (Sold)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 Bungalow detached located in the coveted neighborhood of Rockcliffe-Smythe. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $569,900 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 sqft on a premium 24.75 x 131 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
RENOVATOR'S DREAM - UNLOCK THE POTENTIAL! Attention renovators, builders, and DIY visionaries - this is your golden opportunity! This property is bursting with potential and ready for your creative transformation. Owned by the same family for over 50 years, this cozy bungalow sits on a deep 131 ft lot with laneway access, offering multiple possibilities to maximize value and function. Renovate & Restore - Reimagine the existing bungalow to bring back its charm and character. A separate basement entrance offers flexibility for extended family or a flex space. Build New or Expand - The legal front pad parking and rear laneway access open up exciting options: Room for garage or 2-car parking in the back. Potential for a 2-storey laneway/garden suite up to 1,291 sq. ft. (see attached preliminary findings). Possible conversion of the main house into a 2-, 3-, or 4-unit dwelling with variances (report available). Prime Location - Urban Renewal in Progress! - Tucked on a quiet street just steps to Weston Rd., parks, schools, shopping, and more! 12-15 min. Walk or bus to Mount Dennis Station (Eglinton LRT). 13-15 min. bus ride to Keele Subway Station. This vibrant neighbourhood is on the rise, making it a smart long-term investment. Buyers to perform their own due diligence. Whether you're looking to restore, rebuild, or reimagine - this is the blank canvas you've been waiting for. Bring your ideas, passion, and a little elbow grease - the potential here is truly limitless!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Golf, Library, Park, Public Transit, School
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 16 Porter Avenue, Toronto W03, ON M6N 2G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $569,900 in Toronto, the legal minimum down payment is $31,990 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 $7,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,873 also applies, bringing the total estimated land transfer taxes to $15,746.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.
