60 Newlands Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Clairlea-Birchmount. 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 30 x 100 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This charming, sun-filled home features 3 spacious bedrooms and 2 full bathrooms, perfect for comfortable family living. Additionally, the property includes a private in-law suite that boasts 2 extra bedrooms and its own separate entrance, providing an excellent option for guests or extended family. The layout ensures both privacy and convenience, making this home an ideal choice for multigenerational living or generating rental income. Conveniently located just steps from schools, the TTC, Warden Subway, and a variety of shopping and parks, this home combines the best of suburban tranquillity with urban accessibility.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 60 Newlands Avenue, Toronto E04, ON M1L 1R9
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 $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.
