Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
Bright, spacious, and much larger than it appears, this unique 1.5 storey home offers exceptional flexibility for growing families or multi-generational living. The second floor features three bedrooms and a full bathroom, while the main level includes two additional rooms that can easily serve as bedrooms, a home office, playroom, formal dining room, or guest space, along with a convenient 2 piece bathroom. The sun-filled eat-in kitchen overlooks the expansive backyard through two oversized windows . The finished basement, complete with a separate entrance, bedroom, family room, kitchen and a 3 piece bathroom offers excellent in-law or multi-generational living potential. Relax outdoors on the welcoming front porch or enjoy your private balcony off the primary bedroom. A short walk to the Danforth allows you to explore and enjoy restaurants, coffee shops, and a variety of shopping, as well as two close by subway stations (Coxwell and Woodbine stations).
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Data-driven valuation for 237 Glebemount Avenue, Toronto, ON M4C 3T5
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.