58 West Lynn Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,199,900 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 with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 20.5 x 118.91 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Suite, Primary Bedroom - Main Floor
- Efficient forced air heating via gas
Description
Charming loft-style bungalow on a prime corner lot directly across from East Lynn Park! This unique home features a 13' vaulted ceiling, a skylight that bathes the living space in natural light, hardwood floors, and two fireplaces, creating an airy and inviting atmosphere. Freshly painted throughout, the main level offers a spacious, open-concept layout ideal for family gatherings and entertaining.The REAL highlight is the income-generating potential and flexibility this home offers. The lower level boasts a newly renovated in-law suite with above-grade windows, a separate entrance, a modern kitchen, and new vinyl flooring perfect for generating rental income or accommodating multi-generational living. This space provides an excellent opportunity for homeowners seeking mortgage support or those who need extra room for family members.Situated on a corner lot with great development potential, this property is primed for the addition of an accessory dwelling, whether a laneway house or garden suite (Lanescape report available). With 2-car parking, a private backyard with a shed, and beautifully landscaped yards, this home offers comfort and convenience. Enjoy being a 10-minute walk to either Coxwell or Woodbine Subway stations, within the sought-after Earl Haig school district, and steps away from shops, cafes, and a weekly farmers market. A rare gem with endless possibilities!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School, Rec./Commun.Centre, Public Transit, Hospital, Library, Park
Interior Features
In-Law Suite, Primary Bedroom - Main Floor
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 58 West Lynn Avenue, Toronto E02, ON M4C 3W1
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 $1,199,900 in Toronto, the legal minimum down payment is $239,980 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 $20,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,473 also applies, bringing the total estimated land transfer taxes to $40,946.
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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.
