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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
Welcome to this beautifully maintained detached bungalow in the heart of Mimico, perfectly suited for young couples or growing families looking to put down roots in a vibrant, lakeside community. Set on a generous 35 x 125 ft lot, this inviting home blends classic charm with thoughtful updates. Inside, you'll find a bright and airy living/dining space filled with natural light, complemented by pristine hardwood floors, creating an open, comfortable feel throughout. The home features two well-proportioned bedrooms, and a recently updated bathroom. The lower level offers a large finished area, perfect for lounging and watching movies as well as ample space for a kids' play area and home office. A spacious storage area with laundry and a workshop, plus excellent ceiling height and a naturally dry foundation thanks to the home's slightly elevated position (a rare find in Mimico). There's clear potential to expand your living space with a second bathroom or additional finished rooms. Step outside to enjoy a big, private backyard with a concrete patio, perfect for summer entertaining, kids, or quiet evenings. The new south-facing composite front deck is ideal for morning coffee in the sun, while the back retractable awning (2021) adds comfort and shade on warm days. A private drive with parking for three cars and a large detached garage add everyday convenience. Major updates include new eavestroughs/downspouts, and soffits (2023), along with central A/C (2021), composite front deck (2023),offering peace of mind for years to come. Ideally located just a short walk to the Mimico GO Station making commuting a breeze with quick access to downtown and Union Station. Steps to the best of Lakeshore living, including parks, waterfront trails, restaurants, and local favorites like San Remo Bakery. A rare opportunity to own a solid, move-in-ready home with room to grow in one of Etobicoke's most sought after communities.
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Primary Bedroom - Main Floor, Storage, Water Heater
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This could be the first listing for this address.
Data-driven valuation for 48 Murrie Street, Toronto W06, ON M8V 1X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.