26 Fermoy Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $990,000 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.
- 7 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 117.83 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful Oversized Bungalow in Prime Location Near RH King Academy Welcome to this bright and spacious oversized open-concept bungalow situated in a highly desirable neighborhood near RH King Academy. This well-maintained home features 3+4 generously sized bedrooms, two large kitchens, and two separate entrances to the basement, offering excellent flexibility for extended family living or rental opportunities. The finished basement apartment provides strong income potential of approximately $2,400 per month, making it an ideal option for buyers looking to offset mortgage costs or generate additional revenue. Set on an impressive large lot, this property offers plenty of room for future possibilities, including renovation, expansion, or investment potential. Prime AAA Location: Conveniently located close to top-rated schools, shopping, 24-hour TTC transit, parks, Lake Ontario, places of worship, and a wide range of local amenities. An exceptional opportunity to live comfortably while benefiting from rental income in one of the area's most convenient locations. Don't miss this fantastic property!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit, Ravine, School, School Bus Route
Interior Features
Carpet Free
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 26 Fermoy Road, Toronto E08, ON M1M 3J4
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 $990,000 in Toronto, the legal minimum down payment is $74,000 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 $16,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,275 also applies, bringing the total estimated land transfer taxes to $32,550.
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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.
