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Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Humberlea-Pelmo Park W5. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.
Wonderful opportunity in Weston, 24 Ann Arbour Road sits on a generous 64 foot wide lot, and the house next door is also for sale. This is a prime chance for investors or builders to purchase two properties side by side, with both lots having a combined total of 114' feet of road frontage and a combined total of 0.3 acres. Whether you are considering land assembly, future development, or restoring the original model home of the neighbourhood, this is a location and lot combination that is hard to find. Originally the model home for the subdivision, this property offers a great opportunity for anyone looking to build equity by renovating it to its former glory. The main floor includes a den that could easily function as a main floor bedroom, adding flexibility for multi generational living or accessibility needs. The home has solid bones and is ideal for renovation, or could be a great foundation for a custom build that fits the character of the street. Located on a quiet and tree lined street just minutes from Yorkdale Mall, the subway, parks, and schools, this is a home that offers both immediate potential and long term upside. The wide frontage allows for excellent curb appeal, generous setbacks, and design flexibility for redevelopment. Live in it, renovate it, rent it out, or build something new. The options are many, but the opportunity is rare. Properties like this do not come up often, especially with the added bonus of the neighbouring home also available. Whether you are an investor, builder, or homeowner with a long view, this is a property worth exploring.
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Built-In Oven
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Data-driven valuation for 24 Ann Arbour Road, Toronto W05, ON M9M 2J6
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.