260 Connaught Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,219,900 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 55.02 x 132.12 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Newtonbrook West...Exterior of this house was freshly painted. Jewel Stone front porch. Large Lot 55 x 132, very rare. There are three separate rental units with THREE KITCHENS. THREE BATHROOMS and FIVE BEDROOMS. Rental income of $5800 for the whole house. UPGRADED 200 AMP Electrical Service. This house comes with DRAWINGS from renowned Architect Ali Shakeri $45k value + Survey $8k value. Each unit is fully renovated with new kitchens, custom glass showers and new flooring. Recently painted, Brand New Front exterior Door and Exterior Brand New Rear Door. Newer roof 2018, Furnace 2017, AC 2017. Build your dream home or live here and rent out both basement units ($1550 + $1250 for both basement apartments) Main Floor can be rented out for $3000.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 260 Connaught Avenue, Toronto C07, ON M2M 1H5
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 $1,219,900 in Toronto, the legal minimum down payment is $243,980 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 $20,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,873 also applies, bringing the total estimated land transfer taxes to $41,746.
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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.
