40 Patika Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Weston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 96.5 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Floor Drain
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Client RemarksFully Renovated Gem in Weston | Turnkey Opportunity! Welcome to this beautifully renovated home in the heart of Toronto's vibrant Weston neighborhood. Completely updated in 2021, this property blends modern finishes with functional design perfect for families, first-time buyers, or investors. Enjoy peace of mind with a new roof, flooring, painting, kitchen, bathroom, and more. The spacious driveway accommodates up to 4 vehicles, while the large shed offers abundant storage for tools, bikes, and seasonal gear. Step onto the newly built deck an ideal space for weekend BBQs and entertaining guests. The finished basement features a separate entrance, providing flexible space for extended family, a home office, or the potential for a rental unit to generate additional income. Conveniently located near schools, parks, transit, and shopping, this home offers exceptional value in a growing community. Don't miss this move-in-ready home in a great location - book your showing today!
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Pricing & Value Insights
Data-driven valuation for 40 Patika Avenue, Toronto W04, ON M9N 2E9
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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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.
