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Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $938,000 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 to 405 Pharmacy Ave, a beautifully maintained corner-lot home in the family-friendly Clairlea-Birchmount community, set on a generous 35' x 131' lot with potential for a garden suite up to approximately 1,291 sq ft. This 3 bedroom, 2 bathroom home features a bright open-concept living and dining area and a modern kitchen with stainless steel appliances. Freshly painted and move-in ready.The finished basement with a separate entrance features a recreation room, family room, and bathroom, offering excellent potential for an income or in-law suite.The property also features a double private driveway and an oversized detached garage with its own driveway, complete with a pellet stove, walk-up loft space, and a separate exterior storage room- ideal for seasonal storage, or workshop use, or studio space. Enjoy outdoor living on the expansive two-tier deck overlooking a fully fenced, professionally landscaped backyard, perfect for entertaining or relaxing. Live in the main home and rent the basement, build a garden suite for additional rental income, or create a multi-generational living setup. A unique opportunity for homeowners or investors seeking multiple income possibilities.
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Data-driven valuation for 405 Pharmacy Avenue, Toronto E04, ON M1L 3G5
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 $938,000 in Toronto, the legal minimum down payment is $68,800 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 $15,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,235 also applies, bringing the total estimated land transfer taxes to $30,470.
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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.