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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,900 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.
Welcome to your next family home in one of Toronto's most beloved neighbourhoods, prime Leslieville! This spacious, 2 1/2 storey property is full of potential and ready for its next chapter. This home offers a rare opportunity to be converted into a warm and welcoming single-family residence (with city approvals), perfectly suited for growing families With generous space across multiple levels. There's also the exciting potential to create a multi-generational home or add separate units for extended family or income potential(subject to city approvals). This home has been set up with fire doors, multiple fire exits and fire escape stairs. A home with a spacious yard truly enhances the family experience. It brings together functionality, beauty, and potential creating a private, outdoor haven right outside your door. One of the many standout features is the laneway access with parking for up to 3+ cars, a rare find in Toronto. This opens up even more possibilities, including the potential for a laneway house,offering added space for family, guests, or future rental income (pending city approval).Nestled on a tree-lined street just steps to top schools, parks, shops, and cafés, this home offers the perfect blend of urban convenience and community charm. Whether you envision a modern family retreat or a long-term investment in one of Toronto's most family-friendly neighbourhoods, the possibilities here are truly endless.
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Data-driven valuation for 17 Austin Avenue, Toronto E01, ON M4M 1V7
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 $1,699,900 in Toronto, the legal minimum down payment is $339,980 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 $30,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,473 also applies, bringing the total estimated land transfer taxes to $60,946.
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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.