196 Franklin Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 27.58 x 33.33 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
The cutest house in the hottest neighbourhood! This detached, solidly built 2 bed, 2 bath home offers an affordable low-maintenance condo-like lifestyle, but with the privacy and freedom of a detached home. The main floor boasts a bright open concept floor plan, centred by a stunning architectural floating staircase, surrounded by hardwood flooring throughout. Beautiful kitchen enhancements include new quartz countertops, stainless steel sink and appliances. Plenty of versatile space on the main floor, and extending into the lower level with an additional family room and bathroom. Step outside to your enchanting side yard patio - your new haven for outdoor dining and relaxation. This space is perfect for summer bbqs and gardening enthusiasts. Positioned in the heart of the Junction Triangle, this home is part of a vibrant and tight-knit family-friendly community, surrounded by great parks, schools, restaurants and shopping. The Up Express and Subway make commuting downtown or getting to the airport easy, and drivers will love the proximity of the Gardiner and Hwy 400. You're going to love where you live!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 196 Franklin Avenue, Toronto W02, ON M6P 3Y8
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
