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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,480,000 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.
Welcome to an incredible opportunity in the highly desirable Willowdale East community. Nestled on a rare 41.67 x 140.06 ft lot with a clear, unobstructed backyard, this charming bungalow is ideal for homeowners, investors, or builders looking to capitalize on a prime North York location. The home is zoned for some of the city's most sought-after schools, including Hollywood Public School and Earl Haig Secondary School, and is also within walking distance to the prestigious Claude Watson School for the Arts. This thoughtfully updated residence features a bright, practical floor plan with three well-sized bedrooms on the main floor and a separate one-bedroom basement apartment with its own private entrance-perfect for extended family or rental income. Numerous recent upgrades enhance the home's comfort and appeal, including new windows, a remodeled kitchen and bathrooms, updated furnace and hot water tank, hardwood flooring, a new front entry and porch, and a custom-built backyard deck for outdoor entertaining. Centrally located just minutes from the subway, TTC, parks, shops, restaurants, and community centres, this property offers endless versatility-whether you choose to move in, rent out, or redevelop into a custom home or multi-unit dwelling (subject to city approval). A rare find in a premier neighbourhood with exceptional long-term value.
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Data-driven valuation for 223 Willowdale Avenue, Toronto C14, ON M2N 4Z4
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 $1,480,000 in Toronto, the legal minimum down payment is $296,000 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 $26,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,075 also applies, bringing the total estimated land transfer taxes to $52,150.
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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.