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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $399,000 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.
*Attention Builders, Contractors and Renovators* Positioned on a quiet residential street in the heart of Woodbine-Lumsden, 54 Westbrook Avenue presents a compelling opportunity for builders, investors, and those seeking a redevelopment site in an established East York neighbourhood. Set on a 25 x 100 ft lot, the property offers strong land value with the existing structure being sold in as-is, where-is condition.The surrounding streetscape reflects ongoing reinvestment, with a consistent presence of updated homes and new builds that speak to the area's continued growth. The lot itself offers a practical, regularly shaped footprint, well suited for a new custom build or future project, subject to approvals.The location is a defining feature. Positioned near Danforth and Main, the property is within close proximity to TTC transit, including Main Street subway station, providing convenient access across the city. The Danforth's collection of shops, cafés, and restaurants is within walking distance, along with access to nearby parks, local schools, and the Taylor Creek trail system. A well-located offering in a connected and evolving east-end neighbourhood, presenting a measured opportunity to secure land in a setting where demand and long-term value remain consistent.
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This could be the first listing for this address.
Data-driven valuation for 54 Westbrook Avenue, Toronto E03, ON M4C 2G4
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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.