346 Westmount Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,990 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 18.5 x 115 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Accessory Apartment, In-Law Capability
- Efficient forced air heating via gas
Description
Excellent and unique opportunity in Oakwood Village for investors and end-users seeking flexibility and income potential! This semi-detached home features a renovated kitchen, updated flooring, and a self-contained lower level, offering the option of supplemental rental income or multi-generational living. Additional major updates include a new roof (2024) and furnace (2022). Separate laundry for each unit adds convenience and functionality. 4 full parking spaces (rare for this neighbourhood) including a tandem spot, for easy side-by-side parking. Enjoy two balconies, a walkout basement, and excellent natural light throughout. Situated on a beautiful, mature street within walking distance of restaurants, grocery stores, transit, parks, and everyday amenities.
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Accessory Apartment, In-Law Capability
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 346 Westmount Avenue, Toronto C03, ON M6E 3N2
Based on 0 recent similar sales in the pocket.
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 $1,099,990 in Toronto, the legal minimum down payment is $219,998 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 $18,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,475 also applies, bringing the total estimated land transfer taxes to $36,950.
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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.