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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $849,000 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.
Welcome To 279 Cedarvale, A Darling 2-Bedroom Bungalow Where Possibilities Are Endless! A Remarkable 25 X 163 Footer Packed With Upside Potential Situated In The Thriving Heart Of East Danforth! Its Time For This Humble Residence To Change Its Destiny, Inviting New Ownership And Offering A Chance For Those Keen On Retaining Its Inherent Charm Or Undertaking A More Significant Project To Realize A New Vision. This Property Shines On A Generously Proportioned Lot Featuring Two Big Bedrooms, A Large Open Plan, And A Functional 4-Piece Bath! The Basement (Connected To The Main Floor) Can Be Flipped Over To A Recreational Space With An Office Or Extra Bedroom Or Considered For Additional Rental Income (Thank-You Separate Entrance)Plus Ample Parking On The New Interlocking Driveway And A Backyard Calling For Green-Thumbers, Bbq Lovers Or Square Footage Optimizers (Thinking Garden Suite Or An Extension Here, My Friends). Located In A Quiet Neighbourhood, You'll Enjoy This Welcoming Community With Accessibility To Danforth Village, Taylor Creek, Parks, Schools And Ttc. Plus, The Easy, Breezy Proximity To The Dvp Ensures A Swift In And Out Of The City For Commuters Or Our Weekend Cottage Getaway-Ers! Don't Miss Out On The Prospect Of Leveraging This Remarkable Blank Slate In A Location Where The Dollars + Sense Add Up For Both Visionaries & Spreadsheet Wizards Alike!
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Hospital, Park, Library, Public Transit, Rec./Commun.Centre, School
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 279 Cedarvale Avenue, Toronto E03, ON M4C 4K3
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 $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.