53 jersey Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,149,900 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 115 ft lot
- Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 53 Jersey Avenue where Toronto living actually checks all the boxes you keep saying you want. Detached home with a massive extension? Yep. Private driveway with parking for four? Obviously. A 2.5-car garage so oversized you could turn it into another two bedroom unit. a garden suite, or just the most obnoxious man cave on the block? Done. Inside, you've got not one but two fully renovated units: a 3-bed on the main with bonus basement space, and a 2-bed upstairs with a gas fireplace and private decks. And if you're worried about location don't. You're literally a 5-minute walk from College Street patios, like Cafe Diplomatico, Harbord cafes, dog parks, playing fields, pools, Little Italy, Little Portugal, Little Korea basically, all the best neighbourhoods you always wanted to live close to are now that much closer. This isn't just a house, its an income property, a lifestyle flex, and a chance to finally make your friends jealous when they come over. With a Walk Score of 96, Transit Score of 93, and Bike Score of 100, you (or your tenants) will have unmatched access to culture, parks, dining, and transit.
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Pricing & Value Insights
Data-driven valuation for 53 jersey Avenue, Toronto C01, ON M6G 3A4
Based on 0 recent similar sales in the pocket.
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 $2,149,900 in Toronto, the legal minimum down payment is $429,980 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 $40,223 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,223 also applies, bringing the total estimated land transfer taxes to $80,445.
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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.
