171 Cedric Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Oakwood Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $888,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 25.03 x 106.88 ft lot size
- Notable attributes: None
Description
The dwelling on the property has been completely demolished, except for the Concrete Basement Wall. The Design Team put in significant time and cost to obtain Approval from the Committee of Adjustment for an 11-meter tall, 3-Story Custom House which generously features 5+1 Bedrooms, 6+1 Washrooms, and a Separate Entrance Basement, boasting a Total Living Area of approximately 3,800 Sqft that includes 2,900 Sqft above grade and 900 Sqft Suite Basement with Separate Entrance. The smart design also provides One-car built-in garage and two additional parking spaces in the driveway. This Luxury modern Design includes a large backyard deck and two terraces on the third floor. Each Bedroom has its Ensuite, and there's an elevator providing access to all three floors, the basement, and the garage. Additionally, the property's east-facing orientation ensures great sun exposure in the backyard, family room, prime bedrooms, and ensuite.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 171 Cedric Avenue, Toronto C03, ON M6C 3X7
Based on 0 recent similar sales in the pocket.
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 $888,000 in Toronto, the legal minimum down payment is $63,800 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 $14,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,235 also applies, bringing the total estimated land transfer taxes to $28,470.
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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.
