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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,199,000 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 Home To This Light and Bright, Freshly Painted, 2.5 Storey Family Home in the Popular "Danforth Village" Community. Enjoy Your Morning Coffee On The East Facing, Enclosed Porch or Entertain in the Open Concept Living/Dining Area with its Gleaming Hardwood Floors and Cozy Gas Fireplace. The Family Sized Kitchen Has Beautiful Hardwood Floors, Stainless Steel Appliances & Tons of Storage. The Mud-Room off the Kitchen has Access to the Fully Fenced Backyard, a Separate Entrance to the Basement and is Set-Up as a Breakfast Area for the Main Floor or Eating Area for the Basement. With the Separate Entrance, 3 Piece Bathroom and Above Grade Windows, the Basement could be Converted to an In-Law Suite. The 2nd Floor has 3 Bedrooms a Bright, Modern 4 Piece Bathroom and Access to the 3rd Floor Loft. The 34" x 7'10" Loft could be Converted to a Media Room, Man Cave or 2 Additional Bedrooms. The Property has Private Parking for 3 Cars, a Detached Garage, a Deep 25x134 Lot, as well as an Enormous West Facing Covered Concrete Patio. The Perfect Place for an Outdoor Family Gathering. Gas BBQ Hook-Up. Steps to Transit, Parks, Splash Pad, Outdoor Ice Rink(seasonal), Farmer's Market (seasonal) Walk to Schools (R.H.McGregor, Cosburn Middle, E.Y. Collegiate and more) Close to Michael Garron Hospital, Fire Station, Police Station, Quick TTC or Uber to Downtown or the Beach, Minutes by car to Don Valley Parkway or Lakeshore/Gardiner.
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Central Vacuum, In-Law Capability
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Data-driven valuation for 358 Monarch Park Avenue, Toronto E03, ON M4J 4T3
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.