56 Sixth 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 construction, this residence presents an exceptional opportunity offered at $999,999 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.
- 2 Bedrooms and 3 Bathrooms
- Premium 25 x 123 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Dream of living near the lake in a charming 2+1 bedroom, 3-bathroom, 2 storey detached home, blending beautiful wooden finishes with modern updates. Look no further! The open-concept main floor features hardwood floors throughout and a cozy wood-burning fireplace in the living room, overlooking the dining area. The spacious chefs kitchen boasts large stainless steel appliances, ample storage, and a generous island that separates the prep space from the dining area, perfect for entertaining. Stunning wooden barn doors lead to a large office with built-in shelving, floor-to-ceiling windows, and two skylights that flood the space with natural light, all overlooking the serene backyard. The second floor offers two spacious bedrooms and a renovated 4-piece bathroom. The finished basement, complete with hardwood floors and a full bath, provides a secondary family room and a flexible den that can serve as a guest bedroom or entertainment space. Enjoy peaceful mornings and evenings on the back porch or in the tranquil backyard. Situated on a picturesque street. Walk to the lake, lakeside parks, Waterfront Trail, sailing club, schools, pools, library, and Humber. Convenient access to TTC and Mimico GO for a quick downtown commute!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 56 Sixth Street, Toronto W06, ON M8V 3A2
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 $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.
