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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Humberlea-Pelmo Park W5. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,388,800 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.
Rarely offered raised bungalow with two full levels above grade, offering over 3,000 sq ft of versatile living space in North York. Meticulously maintained, this home is ideal for families,investors, and multigenerational living with excellent income potential.The main level features hardwood floors, three large bedrooms, and a spacious eat-in kitchen-perfect for family living and entertaining. Bright, functional layout with generous principal rooms.The fully finished lower level includes a separate entrance, full kitchen, bathroom, and walk-out to the backyard-ideal for an in-law suite, nanny quarters, or potential basement apartment for rental income.Exterior features include a double car garage and a private driveway with parking for up to six vehicles-perfect for large families or multiple tenants.Located on a quiet, family-friendly street with no through traffic, surrounded by parks and a mature neighbourhood. Steps to a ravine and trails (to be verified), and close to top-rated schools in both public and Catholic systems.Excellent transit access with a bus stop within 200m offering direct service to Wilson Station.Minutes to Humber College, major highways, shopping, and the UP Express.A rare opportunity offering space, flexibility, and strong investment potential in a prime North York location.
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Data-driven valuation for 5 Acacia Avenue, Toronto W05, ON M9M 1H6
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 $1,388,800 in Toronto, the legal minimum down payment is $277,760 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 $24,251 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,251 also applies, bringing the total estimated land transfer taxes to $48,502.
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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.