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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clanton Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
Discover an exceptional opportunity in one of Toronto's most coveted, family-friendly neighbourhoods, Clanton Park! This charming bungalow, set on a generously sized lot, offers an incredible blend of immediate comfortable living and immense future potential. The main floor features a Large Open concept Updated Kitchen, 3 well-proportioned bedrooms and a full 5 piece bathroom, perfect for a growing family. Gleaming with natural light, the living spaces are inviting and ready for your personal touch. A significant highlight of this property is the separate entrance to the lower level, which boasts a Large Kitchen, Expansive Rec Room, two additional bedrooms and a 5 piece bathroom. This versatile space presents an ideal scenario for extended family living, an in Law Suite or anything your imagination offers. Beyond its current configuration, the large lot opens the door to exciting possibilities for reinvention. Imagine expanding the existing home to create your dream residence, or explore the potential for future development (subject to city approvals). Located in a prime Toronto location, you'll enjoy access to top-rated schools, beautiful parks, convenient amenities, steps to Transit and a vibrant community atmosphere. This is more than just a house; it's a strategic investment in your future, offering both immediate value and incredible potential in a highly sought-after area.
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Fenced Yard, Park, Place Of Worship, Public Transit, School
Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 31 Danby Avenue, Toronto C06, ON M3H 2J2
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.