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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,159,000 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.
Welcome to 31 STANMILLS RD. A well loved family home cherished by the same owners for over 60 years. This solid brick bungalow offers timeless character, a functional layout, and room to grow. KEY FEATURES. 3 bedrooms, 2 bathrooms, finished basement with a separate side entrance ideal for extended family, an in-law suite, or potential for rental income. Stone fireplace with a insert wood stove, a second kitchen, 3pc Bathroom, large cold cellar. Private drive accommodating 4 cars, Detached garage. Lot is 40 x 125 feet, providing exceptional outdoor space perfect for a pool, garden, or children's play area. LOCATIONAL highlights. situated in a highly desirable pocket of Etobicoke, this home offers unbeatable convenience. Quick access to major highways (427, QEW, Gardiner), easy commute to downtown Toronto and Pearson Airport. Walking distance to parks, TTC, schools and everyday amenities. Close to the new Longo's, Cineplex, a variety of shops and restaurants and services. This is a rare opportunity to own a home with both character and potential in one of Etobicoke's most sought after neighbourhood. Perfect for families, renovators, or anyone looking to invest in a thriving community. Furnace new in Oct/22/2021 Lennox warranty expiration is Oct/22/2031.Air conditioner new July 4/2017 Lennox warranty expires July 4/2027.ROOF new 2014 House & Garage. Hot water tank new 2019 Is a rental. Attic Insulation new 2026.
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Data-driven valuation for 31 Stanmills Road, Toronto W08, ON M8Z 1Y1
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 $1,159,000 in Toronto, the legal minimum down payment is $231,800 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 $19,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,655 also applies, bringing the total estimated land transfer taxes to $39,310.
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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.