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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,180,000 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.
Great Central North York Location! This House Has Open Concept Layout, Updated Kitchen W/Backsplash And Ceramic Floors, Hardwood Floors Throughout The Main Level, Fully Upgraded Basement W/New Vinyl Floors, Freshly Painted Throughout, Additional Parking At The Back, Steps To Subway, Shopping And Entertainment, Great Residential/Commercial Opportunity For Developers And Rent.
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Storage, Water Heater
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Data-driven valuation for 227 Sheppard Avenue W, Toronto C07, ON M2N 1N2
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 $2,180,000 in Toronto, the legal minimum down payment is $436,000 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 $40,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,975 also applies, bringing the total estimated land transfer taxes to $81,950.
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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.