47 Simpson Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,499,900 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 1 Bathroom
- Premium 25 x 114 ft lot size
- Features a walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 47 Simpson Ave! This house has been loved by the same family for 64 years. Now it's time for a new family to build their forever home in prime Riverdale, one of Torontos most coveted neighbourhoods. This detached, 2.5-storey house has 5 spacious bedrooms, 2,000 sq ft of living space plus another 800 sq ft in the basement. Great ceiling height on all levels. The main floor ceiling height is approximately 9'10". Spacious bedrooms, each with closets. Full basement with walk-up to enclosed back room. Private, fenced in, south facing back yard with detached double garage and private drive. Enjoy the charms of this house with its leaded glass windows, transom windows, crown mouldings, wood trims & two fire places. Fantastic Withrow Jr. PS & Riverdale CI. Minutes walk to multiple streetcars, Broadview station, beautiful parks. Minutes drive to highways. Excellent variety of restaurants, cafes, shops, grocery on the Danforth and in Leslieville.
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Pricing & Value Insights
Data-driven valuation for 47 Simpson Avenue, Toronto E01, ON M4K 1A1
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 $1,499,900 in Toronto, the legal minimum down payment is $299,980 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 $26,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,473 also applies, bringing the total estimated land transfer taxes to $52,946.
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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.
