50 Brownville Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mount Dennis. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $799,000 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 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 18.83 x 95 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 50 Brownville Avenue! Located in a prime area just steps to the Eglinton Crosstown LRT, this property offers exceptional convenience within walking distance to shops, restaurants, supermarkets, and all essential amenities. This fully detached bungalow has been extensively renovated throughout and features a functional layout with 2 bedrooms and 2 bathrooms on the main floor. The lower level offers 2 self-contained bachelor apartments, each with private entrances, making it an excellent income-generating opportunity. Upgrades include high-efficiency heating, heated walkway, new roof, and completely updated systems with new drywall, insulation, flooring, wiring, and plumbing. Additional features include circuit breakers, digital/number locks, surveillance cameras, and a shared laundry area. Exterior highlights include 2-car parking via laneway access. Main Floor Owner Occupied, Basement apartments are currently operated as Airbnb units generating approximately $3,000 per month. A turnkey investment or ideal live-and-rent opportunity in a rapidly growing transit-oriented neighbourhood. Vacant Possession on Closing
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Pricing & Value Insights
Data-driven valuation for 50 Brownville Avenue, Toronto W04, ON M4N 4L3
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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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
