294 Cedarvale Avenue, Toronto, ON

$999,000
MLS#:E9514044
2 beds
2 baths
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $999,000 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
  • Premium 16.58 x 94.14 ft lot size
  • Features a unfinished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This stunning, fully detached 2-storey home is a dream come true for first-time buyers and young families. Meticulously renovated with care and attention to detail, this home offers modern living on a quiet, family-friendly street.The open-concept main level is bathed in natural light, making it perfect for entertaining. You'll love the convenience of the rare main-floor powder room and the addition of a mudroom, leading to a spacious open concept living room & dining area. Addition on back allows for a large eat-in kitchen. Step outside to your private, fenced backyard, an ideal space for BBQs and gatherings. Upstairs, the principal bedroom is a serene retreat, accommodating a king-sized bed with closet organizers.The beautifully finished bathroom, complete with a skylight, adds an extra touch of luxury. Located in a vibrant neighbourhood, you're just steps from trendy local shops and the Danforth with its excellent subway and GO Train access. Enjoy the nearby natural beauty of Taylor Creek Park for jogging and biking, or take a short ride to The Beach for sunset strolls along the boardwalk.This home offers the perfect balance of style, convenience, and community-a true must-see!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 8, 2024
Sold price information is available to members only
Listed Date10/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Wood
BasementUnfinished, Walk-Up
Lot Size16.58 × 94.14 Feet
CountyToronto
Annual Tax$3,962.7
Legal DescriptionPT LT 285 PL 1679 TWP OF YORK; PT LT 286 PL 1679 TWP OF YORK AS IN CA403949; S/T & T/W CA403949; S/T INTEREST IN CA403949; TORONTO (E YORK) , CITY OF TORONTO

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School

Interior Features

Other

Security Features

Community Features

Location

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294 Cedarvale Avenue, Toronto, ON
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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 294 Cedarvale Avenue, Toronto E03, ON M4C 4K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$74,900 (7.5%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period25 Years
Estimated Monthly Payment$5,507Based on a loan of $924,100 over 25 years.
Purchase Price$999,000
Loan Amount$924,100
Provincial Land Transfer Tax:$16,455
Toronto Municipal Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$32,910

About Purchasing a Home in Toronto, ON

For a property listed at $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,312

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.