25 Wanstead Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $849,999 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.
- 5 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 40 x 122.75 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention Investors & Developers! Rare opportunity to acquire a highly desirable lot in a premium, high-demand location. This property has been approved for the development of two detached homes, offering exceptional potential for redevelopment and value creation. Previously assembled from two separate lots, this site presents flexible opportunities in a rapidly intensifying, high-density area. Ideal for anyone looking for growth. Conveniently located just steps to transit, schools, and key amenities. Property is being sold in "as-is" condition. Currently tenanted.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 25 Wanstead Avenue, Toronto E06, ON M1L 3L3
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 $849,999 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.
