48 Frances Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 35 x 140 ft lot size
- Features a partially finished 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Don't miss out on this exceptional real estate opportunity in a prime location! This spacious 1+1/2 storey home boasts 3+2 bedrooms and 2 bathrooms, making it perfect for families, contractors, investors, and builders. The generously sized lot offers endless potential for customization and expansion. Located right by The Queensway, you'll enjoy the convenience of nearby schools, parks, places of worship, subways, highways, and Humber Bay Shores. The large lot provides ample space for outdoor recreation, gardening, or potential development, creating a true oasis in the heart of the city with a large fenced backyard for privacy with a partially covered terrace to enjoy evening sunsets. For additional storage, the single car garage provides extra space. Whether you're looking to renovate and personalize, invest, or build your dream home from scratch, this property offers limitless possibilities.
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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 48 Frances Avenue, Toronto W07, ON M8Y 3K9
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
