48 Norwood Road, Toronto, ON

$799,888
MLS#:E9044538
2 beds
1 baths
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $799,888 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 27 x 115 ft lot size
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient other heating via oil

Description

***Your Canvas Awaits: Renovators Dream In Toronto`s East End*** Welcome To This Hidden Gem - A Home That Sparks The Imagination And Beckons Those With A Vision And Offers Endless Possibilities For Renovators, Builders, And Dreamers Alike. As You Approach, The Character Of The Neighborhood Envelops You - The Scent Of Freshly Baked Bread From Nearby Bakeries, The Laughter Of Children Playing In The Park, And The Friendly Nods From Neighbors Who Know Each Other By Name. This Is The Kind Of Community Where Stories Unfold, And Memories Are Etched Into The Very Bricks Of The Houses. The Home Itself Sits On A Generous 27 x 115 Ft Lot. A Canvas Waiting For Your Brushstrokes, Your Architectural Sketches, Your Dreams. The Possibilities Stretch Out Before You Like An Open Road. Will You Create A Modern Masterpiece? Or Perhaps Honor The Homes History With A Respectful Renovation That Retains It`s Soul? Outside, The Backyard Is Your Private Oasis. Mature Trees Stand Guard, Their Leaves Rustling In The Breeze. Picture Evenings Spent Around A Fire Pit, Sharing Stories With Friends, Or Lazy Sunday Afternoons With A Book In Hand. And If You`re A Gardener, Envision Flower Beds Bursting With Color, A Vegetable Patch, Or Even A Hammock Strung Between Two Sturdy Branches. But Lets Talk About Location. The Danforth Is A Vibrant Artery Pulsing With Life. Stroll To The Local Cafes For Your Morning Espresso, Explore Boutiques And Savor Meals At Family-Run Restaurants. And When You Crave The Sand Between Your Toes, The Beach Is Just A Leisurely Walk Away. Dip Your Feet In Lake Ontario, Watch The Sailboats Glide By, And Feel The Rhythm Of The City Fade Into The Background. This Home Isn`t Just About Walls And Beams; Its About The Life You`ll Build Within Them. Whether You`re An Artist Seeking Inspiration, A Family Yearning For A Fresh Start, Or An Investor With An Eye For Potential, This Address Holds Magic.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 26, 2024
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementUnfinished, Full
Lot Size27 × 115 Feet
CountyToronto
Annual Tax$3,690.89
Legal DescriptionPLAN 635 BLK 3 PT LOT 18

Parking & Garage

Parking Spaces1.0
Garage TypeDetached

Heating & Cooling

Heat SourceOil
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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48 Norwood Road, Toronto, ON
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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 Norwood Road, Toronto E02, ON M4E 2S2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$54,989 (6.9%)
* Minimum Canadian down payment required for this price is $54,989.
Amortization Period25 Years
Estimated Monthly Payment$4,439Based on a loan of $744,899 over 25 years.
Purchase Price$799,888
Loan Amount$744,899
Provincial Land Transfer Tax:$12,473
Toronto Municipal Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$24,946

About Purchasing a Home in Toronto, ON

For a property listed at $799,888 in Toronto, the legal minimum down payment is $54,989 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,165,459

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.