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Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,999 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.
Iconic Beach Location. Endless Potential.Perfectly positioned across the street from Kew Gardens and just steps to the Beach, Boardwalk, and Lake Ontario, this 3-bedroom family home offers the ultimate Toronto waterfront lifestyle in one of the city's most coveted neighbourhoods.Natural light fills every level of the home - including the lower level, where oversized above-grade windows create a bright and functional space. With a ceiling height of approximately 6'4", the basement offers excellent potential to convert into an income-generating apartment, in-law suite, or private guest retreat - a rare opportunity in this prime Beach location.Upstairs, timeless character blends seamlessly with thoughtful updates. Tin ceilings, exposed brick, stained glass, mouldings, and hardwood floors provide warmth and charm, while modern improvements (including the removal of all knob & tube wiring) allow you to move in with confidence.Step outside and you are immersed in true Beach living - morning walks along the Boardwalk, summer days at Kew Beach, coffee and dining along Queen Street East - all at your doorstep. Exceptionally walkable and community-oriented.Located within the highly sought-after Williamson Road school district, and close to Glen Ames and Malvern Collegiate. Easy TTC access with a quick bus to Main Station or 24-hour streetcar downtown.A rare opportunity to secure a character home in an iconic setting - with built-in future flexibility.
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Arts Centre, Beach, Place Of Worship, Public Transit, Park
Brick & Beam, In-Law Capability, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Wheeler Avenue, Toronto E02, ON M4L 3V3
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 $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.