Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,180,000 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.
Top-Ranked School - Earl Haig SS **67 Ft x 170.53 Ft** - Backing Onto Bayview Village Park & Facing a City Parkette**RARE-OPPORTUNITY To Own "A Jewel Land"**Welcome to this exceptional detached family home on a prime corner of BAYVIEW/CITATION in the highly sought-after Bayview Village community. Situated on a premium lot 67 Ft x 170.53 Ft with a deep, private backyard backing onto lush greenery, this property offers a rare combination of comfort, space, and versatility for end-users and investors alike.The home features a spacious and functional layout W/ sun-filled principal rooms, open-concept living and dining areas & a family-sized eat-in kitchen overlooking the serene backyard. Well-proportioned bedrms on the second flr provide ideal family living, complemented by the convenience of main floor laundry.A separate entrance leads to a bright & self-contained lower level, offering an Excellent Potential for Rental Income or Extended Family Living. A studio-style area on main Flr provides further flexibility for additional income opportunities, making this property ideal for multi-generational living or savvy investors seeking supplemental income.Located close to all amenities, this home offers both lifestyle & convenience in one of Toronto's most desirable neighbourhoods.Additionally, the property presents Potential Future Development Opportunities, including possible townhouse redevelopment and increasing land density opp(The buyer is to verify the buyer's future rezoning opportunity with City Planner).A rare offering that blends comfortable family living, income potential, and long-term investment value.Located steps to all Amenities : Bayview Village Mall,Ravine,Top Rated Schools,Subway Station, Transit,Parks,Hwys. Extras: 2Kitchens(Main/Lower Levels)*2Sets Of Appl(Main Flr-Fridge,Newer Stove(2024),Hood fan,B/I Dishwasher & Bsmt--Newer Fridge(2024),Stove & Washer/Dryer,Updated Furance,Garage Dr-Opener,Newer Laminate Flr(Main Flr)
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Wooded/Treed, School, Rec./Commun.Centre, Public Transit, Fenced Yard, Ravine
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Data-driven valuation for 2977 Bayview Avenue, Toronto C15, ON M2K 1E9
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About Purchasing a Home in Toronto, ON
For a property listed at $2,180,000 in Toronto, the legal minimum down payment is $436,000 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 $40,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,975 also applies, bringing the total estimated land transfer taxes to $81,950.
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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.