38 Algoma Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,749,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 34 x 125.5 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful,Four bedroom,Custom-built,Modern Architecture Designs with quality finishing. Open-concept layout,bright,modern kitchen designed for entertaining, featuring an oversized island,statement pendant lighting,S/S appliances. Walk Out through Floor to Ceiling Glassed,Sliding doors from Kitchen/Dinning area to an oversized deck overlooking a generous 34 x 125.5 ft lot with Stone Patio and a yard waiting for your personal touch. This home has an abundant Natural Light from the 2 Skylights, Living room,side and back windows. Hardwood flooring throughout,solid Wood Stairs W/Glass Railings and pot light on the wall for night vision. kitchen receives direct sun light from opening to above skylight. The spacious primary bedroom retreat features a 5-piece ensuite with double vanity,freestanding tub,custom shower, walk-in closet and Electric Fireplace.The upper level includes an additional 5-piece bathroom with double vanity.Generous size bedrooms and a conveniente laundry & sink area. The fully finished lower level has laminated floors,a recreation room/Gym, 4-piece bathroom,Electric Fireplace and side entrance. Excellent access to public transit, a 10 minute walk to Mimico Go Station, major highways,Toronto's Airports(Pearson and Billy Bishop) & quick access to downtown and some of the best entertainment venues including Exhibition Place Grounds, BMO Field, Rogers Centre, Scotiabank Arena. Short walk to The Bread Essentials & San Remo Bakery . Less than 10 minute drive to Major Grocery Stores (NoFrills, Costco and Longo's on The Queensway ).
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Auto Garage Door Remote, Central Vacuum, Storage
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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 38 Algoma Street, Toronto W06, ON M8Y 1C3
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 $1,749,000 in Toronto, the legal minimum down payment is $349,800 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 $31,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,455 also applies, bringing the total estimated land transfer taxes to $62,910.
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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.
