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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,198,000 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.
Lakeside Living in Sought-After New Toronto! Ideally located just one block from Lake Ontario, this charming and updated home offers the perfect blend of comfort, convenience, and lakeside lifestyle in the heart of the highly desirable New Toronto community. Step inside to discover modern upgrades throughout, including 200-amp electrical service, updated wiring, updated windows, newer roof, and A/C for year-round comfort. A spacious aluminum sunroom addition adds valuable living space and overlooks a beautifully maintained backyard complete with a large deck, perfect for entertaining or relaxing with family and friends. Enjoy rare 3-car parking, including a detached single-car block garage a true bonus in this area! Originally a 3-bedroom layout, the home has been smartly reconfigured into a large 2-bedroom, offering generous room sizes and flexibility. Easily converted back to 3 bedrooms if needed. The home has been freshly painted and is move-in ready. A separate side entrance provides excellent potential for an in-law suite or income opportunity, ideal for extended families or savvy buyers. Located just steps from the Waterfront Trail, Rotary Peace Park, and Prince of Wales Park, this is a dream setting for dog walkers, runners, cyclists, and anyone who loves the outdoors. Unwind with stunning lake and city skyline views just minutes from your doorstep. Close to TTC, GO Transit, schools, shops, and all amenities, this home offers the best of both worlds: peaceful lakeside living with easy city access. Don't miss this rare opportunity to own a beautifully maintained home in one of Toronto's most vibrant and evolving lakefront communities!
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Data-driven valuation for 66 Twelfth Street, Toronto W06, ON M8V 3H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,198,000 in Toronto, the legal minimum down payment is $239,600 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 $20,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,435 also applies, bringing the total estimated land transfer taxes to $40,870.
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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.