50 Binswood Avenue, Toronto, ON

$949,000
MLS#:E12009523
3 beds
1 baths
4.0 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This listing is no longer active (Sold)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 Bungalow detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 29.67 x 107.7 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Floor Drain, On Demand Water Heater, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming Detached Bungalow in Desirable East York Perfect for Families & Professionals Welcome to this well-loved and meticulously maintained detached bungalow in the heart of East York! Located within walking distance of the hospital and public transit, this property offers the ideal balance of convenience and comfort, close enough to be convenient but far enough for a peaceful, quiet retreat. This charming home features 2 cozy bedrooms, a bright and inviting living room, and a separate dining room perfect for family meals or entertaining guests. It has been kept in fantastic shape throughout the years, a true testament to the care and attention it has received. Now, it's ready for the next generation to move in and make it their own. Perfect for a family just starting out or a healthcare worker looking for a home near the hospital that you can walk to. This bungalow offers the best of both worlds. You'll have easy access to all the amenities East York has to offer, while enjoying a peaceful residential setting on a quiet street. Plus, with a separate entrance to the basement, the possibilities for extra space are endless. The private driveway leads to a fantastic garage, providing ample storage and parking. The yard and garden are low-maintenance, so you can spend more time enjoying your new home rather than working on it. Plus, with quick access to the DVP, 401, and QEW highways, commuting is a breeze. This is a classic East York bungalow that's been lovingly cared for and is waiting for you to create your dream home. Don't miss out on this wonderful opportunity; come see it for yourself!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 12, 2025
Sold price information is available to members only
Listed Date3/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size29.67 × 107.7 Feet
CountyToronto
Annual Tax$4,578
Legal DescriptionPT LT 185 PL 2984 EAST YORK; PT LT 186 PL 2984 EAST YORK; PT LT 187 PL 2984 EAST YORK; PT LT 188 PL 2984 EAST YORK AS IN EY214177; TORONTO (E YORK) , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Floor Drain, On Demand Water Heater, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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50 Binswood Avenue, 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 50 Binswood Avenue, Toronto E03, ON M4C 3N5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$69,900 (7.4%)
* Minimum Canadian down payment required for this price is $69,900.
Amortization Period25 Years
Estimated Monthly Payment$5,239Based on a loan of $879,100 over 25 years.
Purchase Price$949,000
Loan Amount$879,100
Provincial Land Transfer Tax:$15,455
Toronto Municipal Land Transfer Tax:$15,455
Total Estimated Closing Taxes:$30,910

About Purchasing a Home in Toronto, ON

For a property listed at $949,000 in Toronto, the legal minimum down payment is $69,900 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 $15,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,455 also applies, bringing the total estimated land transfer taxes to $30,910.

Nearby Listings

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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$1,168,334

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.