55 Twelfth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $879,000 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
- Premium 30.04 x 125.18 ft lot size
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Workbench
- equipped with central air central cooling and highly efficient water heating via gas
Description
This wonderful and delightful home is ideally situated in the heart of the highly-sought-after, family-friendly community of New Toronto! A perfect home for first time buyers looking to make it 'their own' or downsizers looking to be closer to 'The Kids'. This highly-desirable & lovingly-landscaped property occupies a sizable 30 x 125-foot lot with long private driveway, concrete block garage and parking for 5 cars! If you're into retro charm and nostalgia, you'll LOVE this ever-so-delightful 2+1-bedroom home; the elegant foyer boasts a classic red-clay tiled floor; the brightly-illuminated living room is decorated with retro arches and the formal dining room enjoys vintage hardwood floors. The eat-in kitchen has served many home-cooked meals over the years and radiates nostalgia - just like Grandma & Grandpa's house! Two bright and sunny bedrooms overlook the backyard & enjoy double closets! Downstairs you'll find a large 3rd bedroom; a good-size, unfinished rec room; a totally-retro 4-pc bath; large laundry room; additional storage; good ceiling height and a separate side entrance! Sunny backyard with lush-green lawn & BBQ deck for entertaining family & friends!!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Lake/Pond, Public Transit, School, Fenced Yard
Interior Features
Primary Bedroom - Main Floor, Workbench
Security Features
Community Features
Location
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 Twelfth Street, Toronto W06, ON M8V 3G8
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 $879,000 in Toronto, the legal minimum down payment is $62,900 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 $14,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,055 also applies, bringing the total estimated land transfer taxes to $28,110.
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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.
