6 Cotton Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $893,100 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 40 x 108 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Your Dream Custom Home Awaits! Unique Opportunity for Investors, Flippers & Families!Presenting an exceptional opportunity at 6 Cotton Avenue a newly constructed, detached home offering Approximately 2891 sq ft of customizable living space, handcrafted with meticulous attention to detail. This is your blank canvas to design and craft the dream interior youve always envisioned. Imagine the satisfaction of selecting your own finishes, from flooring to fixtures, transforming this well-built structure into a personalized masterpiece. The home boasts a highly desirable separate walk-in entrance to the basement, which features a walk-out, offering incredible potential for an in-law suite, rental income, or an expansive recreation area tailored to your lifestyle.This property is offered "as-is," providing a fantastic head start with significant work already completed, including a striking brick and stone front exterior and roughed-in central vacuum. Situated in a highly convenient locale, you're less than 10 minutes from the breathtaking Scarborough Bluffs and the shores of Lake Ontario, and under 5 minutes from the Scarborough GO station for effortless commuting. Enjoy close proximity to beautiful parks, reliable public transportation, and a diverse array of restaurants and amenities. Don't miss this rare chance to complete this custom build and turn your vision into a stunning reality!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6 Cotton Avenue, Toronto E04, ON M1K 1Z2
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 $893,100 in Toronto, the legal minimum down payment is $64,310 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 $14,337 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,337 also applies, bringing the total estimated land transfer taxes to $28,674.
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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.
