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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
Nestled along the serene Mimico Creek and adjacent to Jeff Healey Park, this charming detached stone bungalow sits on a spacious 50 ft x 150 ft lot. The main floor features two bedrooms, with the living room thoughtfully converted into a third bedroom, while the fully finished basement boasts three bedrooms and two bathrooms. Currently 4 bedrooms are tenanted, this property presents a fantastic investment opportunity. Conveniently located, it offers excellent public transit access and proximity to major highways, as well as top-rated schools including Park Lawn Junior Middle School and Karen Kain School for the Arts just a 10-minute walk away! Recent upgrades include a newer furnace, air conditioning, and roof. This is a rare find in an unbeatable location! Property sold in "As is " where is Basis
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Hospital, Park, Place Of Worship, Public Transit, River/Stream
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Data-driven valuation for 26 Bonnyview Drive, Toronto W07, ON M8Y 3G6
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.