228 Byng Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,499,999 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40.25 x 160 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Prime Investment Opportunity in One of Toronto's Most Sought-After Neighborhoods! This property offers outstanding versatility - move in, rent out for steady income, or build a brand-new luxury home surrounded by multimillion-dollar residences. Featuring a premium 160-ft deep lot, perfect for future development or expansion. Unbeatable location close to Finch Subway Station, top-rated schools, major shopping hubs, and just minutes from Earl Haig Secondary School (Top 30 in Ontario).A rare chance to secure high-value land with endless potential.
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Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 228 Byng Avenue, Toronto C14, ON M2N 4L1
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 $1,499,999 in Toronto, the legal minimum down payment is $300,000 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 $26,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,475 also applies, bringing the total estimated land transfer taxes to $52,950.
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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.
