62 Kane Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Keelesdale-Eglinton West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 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.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Premium 25 x 118.62 ft lot size
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 62 Kane Ave! This Wonderful Fully Detached Property Can Continue Being Used As An Ideal Investment Property, It Can Become Your Forever Family Home Or You Can Live In One Unit & Collect Rent From The Others. Located In The Wonderful Keelsdale Neighbourhood! Offering 3 Kitchens, 3 Bathrooms, 3+1 Bedrooms, Finished Basement With Separate Entrance And Unit. Detached Garage + Driveway With Additional Parking Space. It Currently Offers 3 Separate Units With Many Updates Through-out! Shared Coin Laundry In The Lower Level Accessible To All Tenants. Bright And Spacious Floor Plan With The Potential To Update To Your Fully Detached Dream Family Home. Possible Potential To Build A Garden Suite, Offering A Tremendous ROI & Substantial Long-Term Upside. Walking Distance To Many Wonderful Schools, Parks, Shops, Restaurants And Much More! Great Accessibility To Transit And Walking Distance To The New Eglington LRT.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 62 Kane Avenue, Toronto W03, ON M6M 3M7
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 $998,000 in Toronto, the legal minimum down payment is $74,800 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 $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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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.
