24 Old Mill Terrace, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,799,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 35.77 x 113.43 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The best kept secret in the Kingsway/Old Mill pocket is 24 Old Mill Terr. No through traffic to halt your street games! This 3 Bed, 3 Bath home is a rare opportunity to be on this street. Entertainer's sized Living Rm flows to the Dining Rm w/ a Breakfast Bar that O/L theKitchen. Plenty of space to host dinners. Aspiring chef's kit w S/S Jen Air gas range, DBL wall oven. Fall in love w/ Designer Guys bathroom remodel complete w/ clawfoot tub & glass shower. Lower level rec rm, lg laundry room & 3pc bath. Quiet Street, fenced yard,family friendly area to settle into.
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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 24 Old Mill Terrace, Toronto W08, ON M8X 1A2
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 $1,799,000 in Toronto, the legal minimum down payment is $359,800 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 $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.
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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.
