51 Cameron Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Keelesdale-Eglinton West. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $798,800 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 20 x 120 ft lot size
- Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Suite, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 51 Cameron Ave! Perfect for first-time buyers or investors, this charming detached house with parking offers a cozy cottage feel right in the city! The main floor boasts three spacious bedrooms, one of which is currently used as a laundry room. The beautifully renovated walk-out basement apartment provides a fantastic income opportunity, generating $2,200-$2,600 monthly through Airbnb. You can live comfortably on the top floor while the basement income helps cover your mortgage. Each floor features its own private deck, enhancing your outdoor living experience. Despite its modest exterior, the interior is surprisingly spacious, and the serene, private backyard is a hidden gem. This versatile home can easily be converted to a single-family residence or optimized for rental income. With a 91 Walk Score, Cameron Ave is located in a vibrant community within walking distance to TTC, just a 5-minute walk to the new LRT station, and close to Highways 401 and 400.
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Interior Features
Accessory Apartment, In-Law Suite, Carpet Free
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 51 Cameron Avenue, Toronto W03, ON M6M 1R1
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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 $798,800 in Toronto, the legal minimum down payment is $54,880 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 $12,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,451 also applies, bringing the total estimated land transfer taxes to $24,902.
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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.
