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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of West Humber-Clairville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,088,888 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.
This beautiful 3-bedroom bungalow is located in a family-oriented neighborhood with several recent upgrades. The home features hardwood floors throughout and new pot lights in the living room. It sits on a large lot, providing ample outdoor space. One of the standout features of this property is the finished basement with 4-bedrooms, an additional kitchen and living room with separate laundry facilities and separate entrance, making it ideal for multi-generational living or as a rental unit. The bungalow's upper and lower units each have their own laundry setups. Walking distance to public transit, Humber College, Etobicoke Hospital, a plaza and the upcoming Humber LRT station. This makes it an excellent choice for students, healthcare workers, and commuters.Currently, the main level of the property is rented for $2,900 per month, while the basement is rented for $3,000 per month, according to the sellers. This makes it not only a beautiful family home but also an investment opportunity.
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Data-driven valuation for 28 Lynmont Road, Toronto W10, ON M9V 3W8
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 $1,088,888 in Toronto, the legal minimum down payment is $217,778 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 $18,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,253 also applies, bringing the total estimated land transfer taxes to $36,506.
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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.