61 Latimer Avenue, Toronto, ON

$3,000
MLS#:C13476088
2 beds
1 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 25 x 110 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with window unit(s) central cooling and highly efficient water heating via wood

Description

Main Floor only! Two bedroom bungalow, newly renovated washroom, newly renovated kitchen, newly renovated deck & Fence. Fridge, Stove, Brand new dishwasher & brand new dryer. Ample storage space. Steps to TTC Bus stop, Shops & Restaurants. Front yard parking pad. Laundry facilities in basement. Available immediately. $3000 per month plus tenant pays all untilities (Heating, Hydro, and Water/Sewage/ Garbage collection).

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/17/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementUnfinished
Lot Size25 × 110 Feet
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeWater
CoolingWindow Unit(s)

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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61 Latimer 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 61 Latimer Avenue, Toronto C03, ON M5N 2M1

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.

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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$150 (5.0%)
* Minimum Canadian down payment required for this price is $150.
Amortization Period25 Years
Estimated Monthly Payment$17Based on a loan of $2,850 over 25 years.
Purchase Price$3,000
Loan Amount$2,850
Provincial Land Transfer Tax:$15
Toronto Municipal Land Transfer Tax:$15
Total Estimated Closing Taxes:$30

About Purchasing a Home in Toronto, ON

For a property listed at $3,000 in Toronto, the legal minimum down payment is $150 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 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15 also applies, bringing the total estimated land transfer taxes to $30.

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 Forest Hill South, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$3,851,630

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

Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

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.