2 Iangrove Terrace, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of L'Amoreaux. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 47.4 x 120.35 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Large Legal Basement Apartment Offering Almost 1,500 Sq. Ft. Of Bright And Comfortable Living Space. High Ceilings And Multiple Windows Fill The Home With Natural Light, Creating An Open And Airy Atmosphere Throughout. Features Two Generously Sized Bedrooms, A Spacious Family Room, Ample Storage, And A Clean, Functional Layout Designed For Everyday Living. Fully Demised From The Upper Level For Enhanced Privacy, With A Private Side Entrance Providing Direct Access. One Driveway Parking Space Included In The Lease Rate. Ideal For Tenants Seeking Space, Comfort, And Convenience In A Well-Maintained Home.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Iangrove Terrace, Toronto E05, ON M1W 2H2
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 $2,000 in Toronto, the legal minimum down payment is $100 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 $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.
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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.
