55 Banff Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 26 x 150 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Location Location Location! This Wonderful Bungalow Is located in a 26 FEET frontage , 150 feet DEEP lot size and Is Convenient To Absolutely Everything: Transit, Schools, Shops, Restaurants, Parks, Hospital. Special Larger Than Normal Lot Surrounded By Multi Million Dollar Homes. Perfect For The First Time Buyer, Downsizer, Singles, Couples Or A Great Investment Opportunity. Note The School District Maurice Cody! Marty From Laneway House Has Indicated This Property Has Potential For A Garden Suite. Freshly painted , New kitchen ,New appliances and New flooring
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Fenced Yard, Park, Public Transit, School, Hospital
Interior Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Banff Road, Toronto C10, ON M4S 2V6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $1,399,000 in Toronto, the legal minimum down payment is $279,800 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 $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.
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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.
