24 Augusta Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium insulbrick construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 17.25 x 88 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via oil
Description
This charming single-family home has been cherished by the same family since it was built, nestled in one of Toronto's most vibrant and multicultural neighbourhoods. Located just steps from the streetcar, Kensington Market, hospitals, shops, restaurants, and schools, it offers the ultimate in urban convenience and walkability. The area is known for its strong sense of community, artistic flair, and historic character. Homes here often reflect the rich heritage of the neighbourhood, situated on compact lots with unique architectural details. Opportunities to own in this location are rare, with properties typically selling quickly due to high demand. Situated on a desirable corner lot, this 4-bedroom home features the added bonus of two-car laneway parking, an uncommon find in the area. Ideal for buyers with a vision, this property offers incredible potential for a full renovation to create a stylish and modern living space. Property is being sold in as is, where is condition. No For Sale Sign on Property.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 24 Augusta Avenue, Toronto C01, ON M5T 2K8
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.
