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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Englemount-Lawrence. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
Turnkey Family Home + Income Suite on a Rare 56x130 Lot Steps to Yorkdale Subway! Beautifully Updated 3 Bed Home With Separate One Bedroom Basement Suite. Perfect For Multi-generational Living or Rental Income. The Bright, Open-Concept Main Floor Features a Chefs Kitchen W Quartz Counters, GE Gas Stove & Samsung Smart Fridge, A Formal Living Room Plus a Spacious Family Room W Vaulted Ceilings, Fireplace & Walkout to a Generous Backyard. A Powder Room Finishes Off The Functional Main Floor Plan. 3 Generous Sized Bedrooms Upstairs With Brand New 4 Piece Bathroom. The Lower Level Has Additional Rec Room, A 2nd Full Kitchen and a Full Bathroom. Additionally, Newly Updated One Bed, One Bath Basement Income Suite Has Separate Side Entrance, Own Laundry, Kitchen and Living/Dining. Huge Driveway With Detached Double Garage. 3 Mins Walk To Yorkdale Subway Stop & 10 Mins Walk To Yorkdale Mall! 10/10 Location! New Developments in the Area Signal Major Redevelopment Potential. This Home Truly Checks All The Boxes!
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Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School, School Bus Route
Water Heater Owned
Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 201 Ranee Avenue, Toronto C04, ON M6A 1N3
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 $1,499,000 in Toronto, the legal minimum down payment is $299,800 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 $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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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.