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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
Garnet is a Gem! There's an ease to this detached home you feel right away. Light moves beautifully through the space, pulled in by the rare open space across the street and steady southern exposure. It gives the entire home a sense of openness that's hard to replicate, with a light, airy quality that brings a subtle coastal calm to everyday living. Inside, it's all been done. Stylish, modern, and thoughtfully renovated without losing it's soul. A gorgeous living room anchors the main floor with a fireplace, large picture window, and custom built-ins. The dining room offers a partially open space that maintains a level of formality, perfect for daily needs and comfortable entertaining. The modern, functional kitchen is designed for every routine, featuring an eat-in layout and loads of counter space that invites busy mornings, slow evenings and the weekend chef in you. The renovated bathrooms bring a clean, elevated finish that ties everything together. And then there's the lower level. 7'6" ceilings and a full, proper finish that opens the door to real flexibility. Income potential, guest suite, or a seamless extension of living space. Out back, the balance continues. A spacious, private backyard that actually gives you room to breathe, host, and unwind. The detached 1.5 garage off the laneway adds the practicality that makes daily life easier. This is the one you've been trying to find. And it rarely shows up.
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Fenced Yard, Library, Park, Public Transit, Rec./Commun.Centre, School
Auto Garage Door Remote, Carpet Free, In-Law Capability, Sump Pump
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Garnet Avenue, Toronto W02, ON M6G 1V5
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 $1,499,000 in Toronto, the legal minimum down payment is $299,800 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 $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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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.