494 Northcliffe Boulevard, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium insulbrick and vinyl siding construction, this residence presents an exceptional opportunity offered at $750,000 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 25 x 114.2 ft lot
- Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Accessory Apartment, Water Heater Owned, Water Meter
- Efficient radiant heating via gas
Description
Step inside this classic detached bungalow on a quiet street in a family-oriented neighbourhood. This is a perfect opportunity for first time buyers looking to offset their mortgage with a basement apartment or as a turnkey investment property. On the main floor there is an open concept living and dining room, a large eat-in kitchen, and two bedrooms plus a bathroom. Upstairs in the finished attic space there is great flexible bonus space for an additional bedroom, office, or playroom. In the basement you'll find a ready to go basement apartment with a separate entrance featuring a full kitchen, a studio living space/bedroom, a bathroom, and a recreational space. Enjoy the low maintenance backyard as is or design it into the relaxing oasis of your dreams. Theres also a convenient front pad parking space. A great location with the area boasting a range of amenities, restaurants and shopping along Eglinton Avenue, easy access to nearby Fairbank Memorial Park, schools, the TTC, the future the Eglinton LRT, and the Allen Expressway.
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Interior Features
Accessory Apartment, Water Heater Owned, Water Meter
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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 494 Northcliffe Boulevard, Toronto C03, ON M6E 3L5
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 $750,000 in Toronto, the legal minimum down payment is $50,000 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 $11,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,475 also applies, bringing the total estimated land transfer taxes to $22,950.
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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.
