48 Redwood Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Greenwood-Coxwell. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 25 x 115 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 48 Redwood Ave, a charming detached brick home nestled in the heart of the East End, just moments from Greenwood Park and the vibrant shops, cafés, and restaurants of Gerrard East & Little India. Set on a desirable 25 x 115 ft lot with a sun filled west facing backyard, this property offers the perfect blend of character, flexibility, and future potential. Thoughtfully updated and move in ready, the home features 3+1 bedrooms, 2 renovated bathrooms, and spacious living areas designed for modern living. The main floor showcases an open concept layout with a stylish kitchen, generous dining space, and two well sized bedrooms with closets and convenient access to a 4 piece bath. Upstairs, the bright and airy loft style level is enhanced by two skylights and offers endless possibilities as a primary retreat, family room, or creative workspace. The finished lower level, accessible from the rear entrance, includes an additional bedroom, updated bathroom, and laundry, ideal for an in law suite, guest space, or extra living area. Outside, the expansive backyard provides ample room for entertaining, gardening, or future expansion. Mutual driveway shared with neighbour to the north, with a long standing agreement allowing each owner parking access on alternating 6 month terms.
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Key Features
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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 Redwood Avenue, Toronto E01, ON M4L 2S6
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 $1,150,000 in Toronto, the legal minimum down payment is $230,000 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 $19,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,475 also applies, bringing the total estimated land transfer taxes to $38,950.
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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.
