307 Glebemount Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 33 x 110 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 307 Glebemount Ave, a beautiful solid brick bungalow situated on a generous 33 x 100 ft deep lot. This property is ideal for first-time buyers, investors, or builders looking to create their dream residence.Nestled on a quiet street and conveniently located close to schools, parks, public transit, LCBO, Starbucks, the DVP, Michael Garron Hospital, and the vibrant Danforth restaurants, this home offers both comfort and accessibility.The property features a private driveway leading to the backyard with a steel fence gate for added privacy. Spacious parking with tandem space for up to 3 cars. A garage-sized storage shed for lots thing to store. Generous stone front steps open onto an elevated entry platform, creating a charming outdoor space ideal for casual seating, coffee breaks, and quiet reading. The home has been fully renovated with brand-new flooring, a modern kitchen with new cabinetry, and quartz countertops on both the main floor and in the basement. The main floor bathroom has been upgraded, and a brand-new bathroom has been added in the basement. New pot lights illuminate the home, which has been freshly painted though out. The laundry and furnace rooms have also been renovated, and a brand-new fridge is included in the basement.The finished basement features a separate entrance, one bedroom, its own kitchen, and a full bathroom, which is ideal for extended family living or potential rental income.The listing agent and seller make no representations or warranties regarding the retrofit status of the basement.
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Pricing & Value Insights
Data-driven valuation for 307 Glebemount Avenue, Toronto E03, ON M4C 3V4
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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 $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.
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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.
