40 Cherrylawn Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Humber Summit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $819,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 29.96 x 120 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 40 Cherrylawn Avenue, a well-cared-for semi-detached bungalow offered for the first time by its original owners of nearly 60 years. Thoughtfully maintained over the decades, this home offers a functional layout with plenty of potential for its next chapter. The main floor features three bedrooms, one bathroom with an updated walk-in shower, and hardwood flooring throughout. A separate entrance leads to the finished basement, where you'll find a spacious living and recreation room, a full second kitchen, a three-piece bathroom, two separate storage rooms, and a workshop. A third entrance provides direct access from the basement to the backyard, adding even more convenience and flexibility. With generous lower-level living space, ample storage, and a practical bungalow layout, this North York home offers a strong foundation for buyers looking to personalize a property and make it their own.
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Property Summary
This detached home located at 40 Cherrylawn Avenue, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $819,000 with an estimated mortgage of $2,726* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 40 Cherrylawn Avenue, Toronto is in the Humber Summit neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Humber Summit, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- In-Law Capability
- Primary Bedroom - Main Floor
- Storage Area Lockers
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 40 Cherrylawn Avenue, Toronto, ON
Q.What is the asking price for 40 Cherrylawn Avenue, Toronto, ON ?
The current listing price for 40 Cherrylawn Avenue, Toronto, ON in Humber Summit, Toronto is $819,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 40 Cherrylawn Avenue, Toronto, ON ?
40 Cherrylawn Avenue, Toronto, ON is a Semi-Detached (Bungalow) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 40 Cherrylawn Avenue, Toronto, ON offer?
Key property features include: Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Primary Bedroom - Main Floor, Storage Area Lockers.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 40 Cherrylawn Avenue, Toronto, ON M9L 2B4
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 $819,000 in Toronto, the legal minimum down payment is $56,900 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 $12,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,855 also applies, bringing the total estimated land transfer taxes to $25,710.
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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.