534 Westmount Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $599,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning < 700 sqft on a premium 15 x 120 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to this character-filled semi-detached bungalow in sought-after Oakwood Village. This unique home blends comfort, versatility, and potential; a perfect opportunity for first-time buyers, savvy investors, handy people, or multigenerational families. Step through the glass-enclosed front porch into a bright and inviting main level featuring an open-concept kitchen and family room ideal for relaxed living or entertaining. The spacious primary bedroom boasts a renovated 3-piece ensuite and walk-out access to the backyard, creating your own private retreat. The second bedroom includes a charming loft space, perfect as a third sleeping area, a creative hideaway for kids, or clever additional storage. Downstairs, a separate entrance leads to a 1-bedroom basement apartment or in-law suite. Complete with its own kitchen, renovated 3-piece bath, and laundry/storage room, this space offers excellent income potential or comfortable extended family living. Updates include a new energy-efficient heat pump and A/C (2023), and a newer roof (2022). Bonus legal (permitted) private outdoor parking pad. Street permit parking also available. While this home may need a few finishing touches, its brimming with possibilities, bring your vision and make it your own! Just steps from parks, schools, TTC transit, and all the vibrant amenities of Oakwood Village, this is a rare opportunity you wont want to miss.
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, School, Park, Fenced Yard
Interior Features
Water Heater Owned
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Community Features
Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 534 Westmount Avenue, Toronto C03, ON M6E 3N7
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 $599,000 in Toronto, the legal minimum down payment is $34,900 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 $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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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.
