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Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Lawrence Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,950,000 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.
Gorgeous Home In The John Wanless P.S Area Features:Over 2400 Sqft Of Living Space, Gourmet Eat-In Kit W/Bay Window, Granite counter top, Hardwood Flrs, Soaring Ceilings, Skylights,Open Concept Dining/Living With W/O To Deck Perfect For Entertaining, Large Sun Filled Master Bdrm W/5Pc Ensuite & His/Her Closets,Finished Basement W/4th Bdrm, Extremely High Ceilings, Rec Room W/Walkout To Yard.Close To Parks,Yonge St,Schools,Shopping,Etc
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Data-driven valuation for 161 Cranbrooke Avenue, Toronto C04, ON M5M 1M6
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 $1,950,000 in Toronto, the legal minimum down payment is $390,000 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 $35,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $35,475 also applies, bringing the total estimated land transfer taxes to $70,950.
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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.