27 Tansley Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bendale. 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Premium 39.99 x 125 ft lot size
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Client RemarksThis newly renovated home is ideal for modern family living or investment! The main floor boasts 3 bright bedrooms, 2 beautiful washrooms, along with new pot lights and stylish fixtures. For convenience, there are washers and dryers on both the main level and in the basement. The fully finished basement includes two individual units with separate entrances, each featuring its own kitchen, 3-piece bathroom, and laundry, generating an impressive $3,800/month in rental income an excellent opportunity for buyers. With 4 outdoor parking spots and a garage, there's plenty of room for vehicles. Located in a quiet, family-friendly neighbourhood, you're close to schools, parks, Scarborough General Hospital, and Scarborough Town Centre, with an easy commute to downtown Toronto. This is the perfect home for a growing family or a smart investment with exceptional income potential.
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Pricing & Value Insights
Data-driven valuation for 27 Tansley Avenue, Toronto E09, ON M1J 1P2
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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 $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.
