42 Franklin Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,588,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 41.67 x 130 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- equipped with central air, other central cooling and highly efficient forced air heating via gas
Description
This Renovated and Upgraded Solid Brick Home Nestled on A Prime Lot (41.67' X 130') with a Renovated Basement, Lovely Backyard, and Established Garden, Located in the Coveted Part of Lansing-Westgate! Just Steps Away from Yonge St, Subways, Shops, Restaurants, Schools, Ravines, Parks & All Other Amenities. Great Opportunity That Can Attract Young Families, First-Time Buyers, Investors, and Builders! Live on the Main & 2nd Floor and Rent the Basement Out Now, Then Build Your Dream Home or Multi-Residential Unit Later (Buyer Should Verify with the City Planner)!! New Hardwood Floors in 3 Bedrooms, Living & Dining Room! Renovated 2nd Floor Bathroom. Fully Renovated Eat-In Kitchen with Modern Finishes! Main Floor Has Its Own Laundry! Newer Windows and Main Entrance Door! Replaced Main Staircase Steps and Added Glass Railing on the 2nd Floor. LED Potlights and New Light Fixtures! Freshly Painted! Cottage-Style 4-Seasons Sunroom with Its Own Heating & Cooling System: Heater/Wood-Burning Fireplace & Ceiling Fan, Walk-Out to a Large Deck and Nature-Filled Backyard! Renovated Basement with Separate Entrance Through the Backyard Sunroom Includes Laminate/Porcelain Flooring, Two Bedrooms with Above-Grade Windows Providing Abundant Natural Light, Each with Its Own Closet, a Full 3-Piece Bathroom, and a Kitchenette/Laundry Area! Combined Furnace Room and Workshop Area with an Above-Grade Window. Move-In Condition! Must See the House and Location! No Side Walk In Front!
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Property Summary
This detached home located at 42 Franklin Avenue, Toronto is currently for sale and has been available on SousaSells for 24 days. This property is listed at $1,588,000 with an estimated mortgage of $5,286* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 42 Franklin Avenue, Toronto is in the Lansing-Westgate neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Lansing-Westgate, Toronto.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Lansing-Westgate, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Level
- Park
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 42 Franklin Avenue, Toronto, ON
Q.What is the asking price for 42 Franklin Avenue, Toronto, ON ?
The current listing price for 42 Franklin Avenue, Toronto, ON in Lansing-Westgate, Toronto is $1,588,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 42 Franklin Avenue, Toronto, ON ?
42 Franklin Avenue, Toronto, ON is a Detached (1 1/2 Storey) featuring a Finished basement.
Q.What key property features does 42 Franklin Avenue, Toronto, ON offer?
Key property features include: Level, Park, Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air, Other.
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Pricing & Value Insights
Data-driven valuation for 42 Franklin Avenue, Toronto, ON M2N 1B6
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 $1,588,000 in Toronto, the legal minimum down payment is $317,600 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 $28,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,235 also applies, bringing the total estimated land transfer taxes to $56,470.
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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.