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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,900 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.
It's Time, to stop paying high condo maintenance fees and experience a detached home with a beautiful private back yard. No more waiting, sharing elevators , constant fire alarms, rising maintenance fees, special assessments and condo rules and regulations. This lovely bright , renovated and well maintained 3 bedroom home is the perfect opportunity to experience home ownership. The renovated kitchen will compliment and inspire the chef in the family with direct access to a spacious private backyard perfect for entertaining family and friends , BBQ's or enjoying quiet me time. The second floor has three bedrooms and a renovated bathroom. The primary bedroom features a skylight and generous customized closets. An added bonus is a covered front porch with a Legal front parking pad and situated steps to TTC, close to the Subway, Shops on the Danforth. The opportunity is now to enjoy lower mortgage rates, significantly reduced down payment requirements and longer amortization periods.
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Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
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This could be the first listing for this address.
Data-driven valuation for 318 Cedarvale Avenue, Toronto E03, ON M4C 4K4
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 $1,049,900 in Toronto, the legal minimum down payment is $209,980 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 $17,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,473 also applies, bringing the total estimated land transfer taxes to $34,946.
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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.