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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,900 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.
A truly unique FOUR bedroom bungalow ( YOU READ IT RIGHT) beautifully updated and maintained with love and care by Mr & Mrs perfectionist located in the highly sought-after Lakeside community of Mimico. This home is coming to the market after over 40 years. Nestled on a quiet, family-friendly street, this charming home is just steps from Lake Ontario, scenic parks, Lake Shore Boulevard, public transit, schools, and the legendary San Remo Bakery. The home has been thoughtfully enhanced with an addition(1990 approx. ) and numerous upgrades over the years, including recently fully renovated bathroom, installed back up valve, kitchen, windows( bay window with oak casing & trim ),furnace, air conditioner, gutter - leaf filters, shed etc Electrical updated circuit breaker (125amp). The basement features a separate entrance, offering excellent potential to create a family entertainment area or convert into an income-generating apartment. Originally built with a detached garage, the current owners replaced it with a garden shed after demolishing the garage a few years ago. The deep backyard are hard to find in the city improved with Peebles landscaping and sun filled deck. It offers tons of opportunities Enjoy the convenience of being within walking distance to the lake, Mimico GO Station, and 24-hour streetcar service, making commuting and city access easy. The additional two bedrooms are being heated with portable electric heater. Note: No survey available.
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Park, Public Transit, School, Fenced Yard
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 59 ALBANI Street, Toronto W06, ON M8V 1X3
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.