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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,850 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.
A bright and comfortable two-bedroom unit in Oakwood Village with high ceilings that give the space a more open feel. The separate kitchen and living areas mean you're not eating dinner where you watch TV.The layout works well for a couple, 2 roommates, or a working professional who just wants a bit more breathing room. A storage cantina keeps the clutter off your floor, and your own dedicated laneway parking spot is a genuine convenience in this part of the city.Out back, shared access to a backyard gives you a spot to get some fresh air without leaving home.The location is one of the best parts. You're in Oakwood Village, a quiet and established neighbourhood that sits between the energy of St. Clair West and the convenience of Dufferin Street. It's a short walk to Eglinton West, where the newly opened Eglinton Crosstown LRT adds a faster east-west connection across the city. Dufferin transit is also nearby, and St. Clair West is about a 15-minute walk, with access to great restaurants, independent shops, Wychwood Barns, and the streetcar. A comfortable, well-located unit in a neighbourhood that's ready for you to call home. Parking included. Tenant responsible for 50%.
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Data-driven valuation for 502 Westmount Avenue LOWER, Toronto C03, ON M6E 3N5
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 $1,850 in Toronto, the legal minimum down payment is $93 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 $9 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9 also applies, bringing the total estimated land transfer taxes to $19.
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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.