542 Atlas Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,149,000 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
- Generous living space spanning 700-1100 sqft on a premium 48 x 62 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
First-time buyers, downsizers, or those seeking a condo alternative will love this Cedarvale bungalow set on a generous 48-foot frontage, with classic Tudor-style curb appeal. As a bonus, there's potential for a second-floor addition offering the flexibility to transform it into a long-term home as your needs grow. Just minutes to the upcoming LRT, Eglinton West subway, Allen Road, and Cedarvale Ravine, you're perfectly positioned for both convenience and nature. Step inside to a spacious living and dining room, large eat-in kitchen with a pass-through that keeps you connected to the action, and a well thought out layout. The sun-filled, lower-level impresses with a massive media room, separate bedroom, home office, and a separate entrance ideal for guests, work-from-home needs, or a future in-law suite. Enjoy the perks of a private drive, detached garage with storage shed, and a fully fenced backyard that's deceptively spacious complete with deck and grassy space for play or entertaining. Located on a quiet, child-friendly street and close to Leo Baeck, synagogues, shops, restaurants, and top-tier amenities, this is an exceptional opportunity in one of Toronto's most desirable neighborhoods.
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Pricing & Value Insights
Data-driven valuation for 542 Atlas Avenue, Toronto C03, ON M6C 3R3
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 $1,149,000 in Toronto, the legal minimum down payment is $229,800 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 $19,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,455 also applies, bringing the total estimated land transfer taxes to $38,910.
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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.
