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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,999 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 this exquisite detached house, a dream home for home buyers, investors, developers, and builders alike. Boasting a private driveway with ample space for 4 cars, a detached garage, and a generously sized lot that offers exciting potential to build a garden suite (subject to city approval). The finished basement provides an ideal opportunity for potential in-law suites or rental income, enhancing the property's versatility. Conveniently situated in a prime location of East York, this residence offers easy access to schools, the DVP highway, parks, hospitals, and public transportation, with bus stops and a TTC subway station nearby. Don't miss the chance to own this exceptional property with endless possibilities for investment and comfortable living.Seize this rare opportunity!
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Data-driven valuation for 408 O'connor Drive, Toronto E03, ON M4J 2W3
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 $899,999 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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.