Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $985,000 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.
Opportunity knocks in this well-located semi-detached home just steps from vibrant Queen St. E. Featuring three bedrooms, one bathroom, and a solid, functional layout, this property offers excellent potential for investors, renovators, or buyers looking to customize their own space. The main floor includes a walk-out from the kitchen to the backyard, perfect for future entertaining or outdoor enjoyment. An Acorn stairlift provides convenient access from the main level to the upper floor. The unfinished basement offers additional space and future possibilities. Laneway parking at the rear adds valuable convenience. A new roof on the front of the home was completed in 2024. Ideally situated half a block from Queen St. E with its shops, restaurants, cafés, and everyday amenities, including a nearby grocery store, plus easy access to the Don Valley Parkway.
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This could be the first listing for this address.
Data-driven valuation for 26 Larchmount Avenue, Toronto, ON M4M 2Y7
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 $985,000 in Toronto, the legal minimum down payment is $73,500 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 $16,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,175 also applies, bringing the total estimated land transfer taxes to $32,350.
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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.