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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humber Summit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $995,000 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.
Welcome to 57 Apted Avenue. This solid brick bungalow features three spacious bedrooms on the main floor, plus an additional bedroom in the basement. A separate side entrance leads directly to the basement, which is equipped with its own full kitchen and bathroom - ideal as an income generating apartment or an in-law suite. The home sits on a generous 50ft X 150ft lot, offering endless potential: renovate to your taste, rebuild, or create your own backyard oasis or garden. Located in a highly desirable neighbourhood surrounded by custom built homes, you'll enjoy close proximity to public transit, major highways, shopping, and schools. Outdoor enthusiasts will appreciate being just a short walk to Rowntree Mills Park and near Apted Park. The private driveway accommodates up to six vehicles, and existing furniture may be negotiable. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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In-Law Capability, In-Law Suite
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Data-driven valuation for 57 Apted Avenue, Toronto W05, ON M9L 2P2
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 $995,000 in Toronto, the legal minimum down payment is $74,500 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 $16,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,375 also applies, bringing the total estimated land transfer taxes to $32,750.
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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.