61 Mcgee Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 16.92 x 103.5 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step into timeless elegance with this beautifully preserved 3 bed, 2 bath Victorian semi, originally built in 1895. Rich in character and architectural charm, this family home features hand laid plaster crown moldings, original ceiling medallions, vintage stained glass, and Antique century pine floors. Soaring 10 foot ceilings create an airy sense of space, and fills the home with natural sunlight. The stunning kitchen designed by Mazen Studio is a true showpiece, thoughtfully designed with custom cabinetry, heated herringbone limestone floors, gorgeous marble countertops and a custom breakfast banquet. Outfitted with premium Gaggenau, Thermador, and Miele appliances, it seamlessly blends classic sophistication with modern performance. The kitchen overlooks the backyard oasis, which offers exceptional privacy, perfect for quiet mornings or evening entertaining. A rare opportunity to own a piece of history, beautifully updated for contemporary living! One car parking can be accessed through the laneway in the back.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61 Mcgee Street, Toronto E01, ON M4M 2L1
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 $1,599,000 in Toronto, the legal minimum down payment is $319,800 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 $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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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.
