281 Westlake Avenue, Toronto, ON
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Property Highlights
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 $799,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30 x 100 ft lot
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Welcome to this fully detached bungalow in one of East Yorks most desirable and connected neighbourhoods. Freshly painted throughout, this home is move-in ready and filled with character & charm.The large enclosed front porch is a versatile bonus space: perfect as a home office, reading nook, or a spot to enjoy your morning coffee. Inside, you'll find high ceilings, a bright kitchen with a rare pantry, and two full bathrooms for convenience. Plus, all knob and tube wiring has been replaced, giving you peace of mind.The separate side entrance leads to a finished basement complete with a 3-piece bathroom, spacious recreation room, laundry area, and a large storage room: ideal for extended living or future in-law potential. Outdoors, the fully fenced backyard offers privacy for barbecues, gardening, or relaxing, while the private drive and garage provide ample parking.This neighbourhood has been filling fast with young urban professionals, couples, and families, drawn to its vibrant community and unbeatable convenience. Walk to the GO Train, Main Subway, or explore the paved trails of Taylor Creek Park for biking and outdoor fun. The Shops of the Danforth are just a short stroll away, and with quick access to the DVP, commuting in or out of the city is a breeze.Whether you're a first-time buyer, down sizer, or investor, this East York gem offers the space, lifestyle, and location you've been looking for.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 281 Westlake Avenue, Toronto E03, ON M4C 4T7
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
