425 Lanor Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,049,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 42.42 x 121 ft lot
- Features a separate entrance, 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: In-Law Capability, Primary Bedroom - Main Floor, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this well-maintained raised bungalow nestled in the heart of Alderwood, one of Etobicokes most sought-after mature neighbourhoods. Situated on a generous corner lot (42ft x 121ft), this home offers over 2,100 sq. ft. of comfortable living space, perfectly suited for families or multi-generational living. The main floor features a sun-filled living and dining room combination with large windows that flood the space with natural light. You'll find three spacious bedrooms and a full bath, all complemented by a functional layout designed for modern living. Downstairs, the finished basement offers excellent in-law or rental potential with a separate entrance, a full kitchen, an additional bedroom, and a second full bathroom. Whether you're looking to accommodate extended family or generate rental income, this space is ready to meet your needs. Enjoy the peace and quiet of a mature neighbourhood while being just minutes from top-rated schools, major routes, transit, and a wide range of amenities. With its prime location, versatile layout, and lovingly cared-for condition, this home is a rare find in todays market. Furnace/AC (2021), Roof (2013), Sump Pump and water proofing (2021), Soffits (2020)
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Public Transit, School, Rec./Commun.Centre
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Storage
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 425 Lanor Avenue, Toronto W06, ON M8W 2R9
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 $1,049,000 in Toronto, the legal minimum down payment is $209,800 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 $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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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.
