55 Third Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,349,900 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
- Generous living space spanning 1100-1500 sqft on a premium 25.03 x 123.2 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air, other central cooling and highly efficient forced air heating via gas
Description
**MAY 23 OPEN HOUSE CANCELLED** - Looking for the peace of mind that comes with a turnkey home, in a family friendly neighbourhood, steps to parks and schools, and easy day to day amenities and transit? Well look no further - Welcome to 55 Third Street! Located in a quiet pocket of New Toronto, this 3-bedroom, 2- bathroom home is sure to impress. With an incredibly well executed main and second-level renovation (2021), featuring new white oak hardwood flooring, new doors and hardware, and the showpiece that is the white-oak and black-spindled staircase, all you have to do is move in and enjoy. The wall and doorway between the living and dining spaces was also removed, creating seamless flow, and allowing the abundance of natural light to bathe the space. Two full bathrooms with heated floors, and tasteful finishes add to the convenience and wow-factor of the home. And who doesn't love a finished lower level, just waiting for family game and movie nights! The worry-free nature of the home continues with recently replaced heat pump (2023) and plenty of life remaining on the other big-ticket items like furnace and roof. If being outdoors is your thing, then the secret-garden-inspired backyard, complete with multi-level decks and built-in seating, and foliage that wows come spring and summer time, is your tranquil cherry on top! 4-season fun at the plethora of parks just steps away - skating, biking, swimming, hiking, sports and more! And the kids certainly won't be complaining about the less than 500m walk to either Second or Seventh Street schools. What more could you ask for - be sure to reach out today!
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Lake/Pond, Library, Marina, Park, Public Transit, School
Interior Features
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Security Features
Smoke Detector, Carbon Monoxide Detectors
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Third Street, Toronto W06, ON M8V 2X7
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 $1,349,900 in Toronto, the legal minimum down payment is $269,980 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 $23,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,473 also applies, bringing the total estimated land transfer taxes to $46,946.
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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.
