48 Lockwood Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,000 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 3 Bathrooms
- Premium 36 x 58 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This charming detached home is a legal duplex in the Beaches Triangle, ideal for families or investors! This 4+1 bedroom, 3 bathroom residence features numerous upgrades and is perfectly located near top-rated schools like Kew Beach, Bowmore, and Monarch Park. The attached garage and private driveway offer great convenience. The finished basement, with a separate entrance, provides added privacy and flexibility, making it perfect for family use or as a rental unit with amazing income potential. With ample storage throughout, this home meets all your organizational needs. Enjoy a much quicker commute to downtown, the Gardiner, and the DVP compared to the core Beach area. Just a short walk to the water and close to Queen Street, this property is a must-see!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Auto Garage Door Remote, Carpet Free, In-Law Capability, Separate Hydro Meter
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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 48 Lockwood Road, Toronto E02, ON M4L 3M8
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 $1,699,000 in Toronto, the legal minimum down payment is $339,800 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 $30,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,455 also applies, bringing the total estimated land transfer taxes to $60,910.
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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.
