28 Cornelius Parkway, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Maple Leaf. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 56.5 x 130 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Water Heater
- Efficient radiant heating via other
Description
Prime Development Opportunity in a Sought-After Location! Attention builders, contractors, and Savvy Ihvestors - This is your chance to secure a Valuable property in one of the area's most desirable neighborhoods. Surrounded by ongoing redevelopment and custom built homes, this property holds exceptional property Value potential. The property is situated on a generous 56 ft x 130 ft lot and offers ample space for a custom build or multi-unit development (subject to approvals, and Zoned RD (f15;a550*5)). Its unbeatable location places you just minutes from major high ways, top-rated hospital, popular shopping centers, and beautiful parks, providing convenience and lifestyle appeal for future homeowners or tenants. With the neighborhood experiencing rapid transformation, now is the ideal time to capitalize this rare opportunity. Whether you're looking to build a luxury residence, a profitable investment property, or hold for future appreciation, this property offers the perfect foundation. Key Highlights: Lot Size: 56 ft x 130 ft Prime location close to parks, hospital, shopping, and major highways. Area undergoing significant redevelopment with numerous new custom homes. Ideal for builders, developers, and investors seeking high-demand locations. Don't miss out -properties like this are in short supply and high demand!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Fenced Yard, Park, Public Transit
Interior Features
Carpet Free, Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 28 Cornelius Parkway, Toronto W04, ON M6L 2K3
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 $1,399,000 in Toronto, the legal minimum down payment is $279,800 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 $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.
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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.
