274 Elmwood Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,770,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 131 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 274 Elmwood Avenue, a rare opportunity in the heart of sought after Willowdale East. This solid detached home sits on a desirable 50X130ft lot and features an existing addition and a separate garage, offering excellent value and flexibility for investors, builders, or end users.Perfectly positioned among tree-lined streets and top-ranked schools, this property presents unlimited potential. Whether you're looking to renovate, rebuild, or create an income-generating multi-unit residence, the existing structure and layout provide a strong foundation to build upon. Surrounded by custom homes and walking distance to Hollywood Public School, Bayview Middle School, Earl Haig Secondary, transit, parks, and Bayview Village, this is a prime location with strong resale value.274 Elmwood Avenue is more than a home, its an investment in one of North Yorks most sought-after neighbourhoods, ready for its next chapter.
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Property Details
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Features
Property Features
Park, Public Transit, School
Interior Features
Primary Bedroom - Main Floor
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 274 Elmwood Avenue, Toronto C14, ON M2N 3N1
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 $1,770,000 in Toronto, the legal minimum down payment is $354,000 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 $31,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,875 also applies, bringing the total estimated land transfer taxes to $63,750.
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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.
