45 Madawaska Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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
- Premium 40 x 122.6 ft lot size
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ATTENTION BUILDERS, INVESTORS, and DEVELOPERS! An exceptional opportunity awaits in a sought-after neighborhood in zonning RD. This property boasts a significant lot size and a home filled with potential. The charming two-story dwelling features a refined four-season solarium, a secluded southern yard with a multi-level wooden deck, established trees, and perennial gardens. It also includes two gas fireplaces, one of which is thermostatically controlled in the basement, creating a cozy recreation room. The residence provides a separate entrance to an In-Law suite with a kitchenette. Located just steps from Yonge Street, this property is ideally situated near TTC and GO stations, shopping, dining, and excellent amenities, offering remarkable value in North York.
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Carpet Free, In-Law Capability
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 45 Madawaska Avenue S, Toronto C14, ON M2M 2R1
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 $1,599,000 in Toronto, the legal minimum down payment is $319,800 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 $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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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.
