54 Dallas Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,368,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 53.16 x 165.41 ft lot size
- Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
***Location, location, location***ONE OF A KIND PREMIUM LAND(53.16ft x 165.4ft Land----Slightly Irregular). This is your chance to own a cottage-like detached home, on a premium-sized lot, in the desirable Newtonbrook neighbourhood-----surrounded by multi-million dollar homes. Potential to build a dream home, renovate, or use it as an income property with eventual future development. Buy now when housing prices are low and take advantage of declining interest rates upon close. Suitable for End Users, update or build-------Welcoming and spacious foyer; Open concept/large living room w/abundant natural sunlight; open concept kitchen and dining area overlooking manicured oversized private backyard garde---Large laundry room w/storage area (main floor-easy to convert to a den/bedroom).3 piece washroom on main floor (suitable for a senior member). Finished full basement can be easily converted to an income suite with its own side entrance. For supplemental income or multi-generational family options. Steps to TTC (Yonge subway) or buses. Green space, Centerpoint mall, schools, religious and community centres. Excellent opportunity to own a large lot 53.16x165.41 with great potential for building a GARDEN SUITE AT THE BACK.*****A POTENTIAL GAREN SUITE AT THE BACK*****
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Pricing & Value Insights
Data-driven valuation for 54 Dallas Road, Toronto C07, ON M2R 2J6
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 $1,368,000 in Toronto, the legal minimum down payment is $273,600 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 $23,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,835 also applies, bringing the total estimated land transfer taxes to $47,670.
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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.
