259 Torrens Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,240,000 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 1500-2000 sqft on a premium 20.83 x 150 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 259 Torrens Avenue! This fully detached 3-bedroom, 2 1/2 bath home offers the perfect blend of modern luxury & unbeatable east-end convenience. Extensively renovated with a a thoughtfully designed main floor addition maximizing space & natural light, a gorgeous, updated kitchen, including the ultimate & rarely available convenience of a main floor powder room and a fully dug-down finished basement with incredible ceiling height, providing a spacious, versatile recreation or living area. This home is designed for modern family living & is completely move-in ready. The backyard offers a low maintenance artificial turf, gas line for bbq, oversized storage shed & parking for up to 3 cars. The large enclosed front porch provides additional space. Torrens Ave is situated in a vibrant, walkable pocket of Old East York that strikes a perfect balance between quiet residential charm & urban convenience. Just steps from the vibrant amenities of Pape Village, Donlands & the Danforth with its incredible array of restaurants, patios, boutique shopping, local bakeries, cafes, & conveniences. This pocket is known for being very family-oriented & falls within the catchments of well-regarded local schools, including William Burgess Elementary, Westwood Middle & Chester Elementary. Nearby local parks like Dieppe Park & the East York Community Centre provide excellent recreational options, including splash pads, sports fields & ice rinks. You are steps from the Broadview & Cosburn bus routes, taking you straight to Broadview or Pape subway stations in minutes. The neighbourhood will also benefit from the upcoming Ontario Subway Line. Exceptionally commuter-friendly for drivers, you have fast access to the DVP via the Bayview or Don Mills on-ramps, making trips to Downtown or the 401 seamless.
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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 259 Torrens Avenue, Toronto E03, ON M4J 2P6
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 $1,240,000 in Toronto, the legal minimum down payment is $248,000 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 $21,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,275 also applies, bringing the total estimated land transfer taxes to $42,550.
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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.
