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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ionview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
Step into this charming, well-cared-for home that has been treasured by the same family for over 50 years. This home is in excellent condition both inside and out and has been tastefully updated to be move in ready. The efficient floor plan allows for no wasted space and features a generously sized living room, dining room, three bedrooms and a full washroom. Ample closets and clever storage solutions throughout ensure everything has its place. The newer windows allow for natural light to flood through. In the basement you'll find another bedroom, a rec room, and a washroom, plus the separate side entrance allows for an opportunity to create a basement apartment. This property also has a detached garage, perfect for parking or storage. The lovely landscaping in the front and backyard makes unwinding or outdoor entertaining a delight. Don't miss the garden suite report detailing the potential to build an additional two-storey home on the property.
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Park, Public Transit, School
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Ionview Road, Toronto E04, ON M1K 2Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.