55 Parker Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $749,900 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 32.5 x 105 ft lot size
- Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
- equipped with other central cooling and highly efficient other heating via gas
Description
Discover the potential of this charming two-bedroom bungalow nestled in the heart of Queensway Village. This home offers a unique opportunity to customize and create your dream space. While it requires some renovation, its solid structure provides an excellent foundation for your personal touch. The original layout included a dining room, which has now been converted to a bedroom. It boasts a newer stone front and brick sides, a stamped concrete driveway and front porch. Convenience is key, as this property is within walking distance to local schools, parks, a movie theater, diverse restaurants, cozy coffee shops, and various retail stores. Commuters will appreciate the easy access to major highways and the short distance to the Mimico GO Station, ensuring seamless travel throughout the city. Additional features include a single-car garage and a location that combines suburban tranquility with urban amenities. Embrace the chance to transform this amazing shell into your ideal home.
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Key Features
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Parking & Garage
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Features
Property Features
Interior Features
In-Law Capability, Primary Bedroom - Main Floor
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Parker Avenue, Toronto W07, ON M8Z 4L7
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 $749,900 in Toronto, the legal minimum down payment is $49,990 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 $11,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,473 also applies, bringing the total estimated land transfer taxes to $22,946.
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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.
