58 Eldon Avenue, Toronto, ON

$959,000
MLS#:E9282526
4 beds
3 baths
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Crescent Town. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $959,000 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 25 x 129 ft lot size
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Duplex Potential Right Off The Danforth. A Minute Walk To Dentonia Park, This 2-Storey Home With Detached Garage Exudes Potential, Waiting For The Right Touch To Transform Into A Dream Residence. The Home Stands Proudly On A Spacious Lot, Its Classic Facade Hinting At The Character And Charm That Lies Within. The Bones Of The House Are Solid, Offering A Fantastic Opportunity For Those With A Vision To Breathe New Life Into It. The Generous Layout Features 2 Separate Units! Back Unit Boasts: 2 Levels, Open Concept Kitchen/Living Area With W/O To Yard, 2 Bedrooms & 3 Piece Bath. Main Unit Boasts: 2 Full Baths, Cozy Living Room, Formal Eat-In Kitchen That, With Some Modernization, Could Become The Heart Of The Home. Upstairs, The Bedrooms Offer Plenty Of Space For A Growing Family. This Pocket Is Known For Its Community Spirit And Proximity To Schools, Parks And Amenities. Property Is A Renovators Dream! With The Right Updates, It Could Become A Standout Gem In East York.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date8/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFinished, Walk-Up
Lot Size25 × 129 Feet
CountyToronto
Annual Tax$5,178.69
Legal DescriptionPlan 701 Pt Lot 43

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

None

Security Features

Community Features

Location

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58 Eldon Avenue, Toronto, ON
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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 58 Eldon Avenue, Toronto E03, ON M4C 5G3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$70,900 (7.4%)
* Minimum Canadian down payment required for this price is $70,900.
Amortization Period25 Years
Estimated Monthly Payment$5,292Based on a loan of $888,100 over 25 years.
Purchase Price$959,000
Loan Amount$888,100
Provincial Land Transfer Tax:$15,655
Toronto Municipal Land Transfer Tax:$15,655
Total Estimated Closing Taxes:$31,310

About Purchasing a Home in Toronto, ON

For a property listed at $959,000 in Toronto, the legal minimum down payment is $70,900 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 $15,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,655 also applies, bringing the total estimated land transfer taxes to $31,310.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Crescent Town, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$652,527

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Dunstan
Public14 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1L 3E4
4.8
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
5.8
Kimberley
Public50 Swanwick Avenue, Toronto, Ontario, M4E 2Z5
6.4
Our Lady of Fatima
Public3176 St Clair Avenue East, Scarborough, Toronto, Ontario, M1L 1V6
7.2
St Brigid
Public50 Woodmount Avenue, East York, Toronto, Ontario, M4C 3X9
5.5

Secondary Schools

Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7
W A Porter
Public40 Fairfax Crescent, Scarborough, Toronto, Ontario, M1L 1Z9
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.