Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,400 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.
Updated and thoughtfully designed basement unit in Bloordale Village. This bright and functional space features new flooring and paint throughout, as well as an updated kitchen and bathroom. Ideal for a couple or a single professional needing a work-from-home setup. The unit includes access to a large back patio and laundry for added convenience. All utilities are included. Located in a vibrant West End neighbourhood, you're just steps from transit, parks, local cafés, and everyday amenities. A great opportunity to live in a convenient and connected community.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 242 Emerson Avenue Basement, Toronto W02, ON M6H 3T6
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 $1,400 in Toronto, the legal minimum down payment is $70 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 $7 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7 also applies, bringing the total estimated land transfer taxes to $14.
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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.