697 Mortimer Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $799,000 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 3 Bathrooms with 2 functional kitchens
- Premium 15.35 x 103 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This updated semi-detached home offers 2+1 bedrooms and 3 bathrooms, complemented by a legal front pad parking spot. Upon entering through the enclosed front porch, you'll step into a warm and inviting open-concept living space featuring hardwood floors and a convenient main floor 2-piece powder room with laundry facilities. The spacious eat-in kitchen is a highlight, complete with a walkout to a private deck and a fenced-in backyard perfect for outdoor entertaining. Upstairs, you'll find 2 good sized bedrooms and a 4-piece bathroom. The finished basement boasts a 1-bedroom apartment, accessible from both inside the house and via a separate back entrance. This versatile space offers endless possibilities for family use or rental income. Located near Woodbine Ave., this home is just minutes from Woodbine Station, the highly regarded RH McGregor Elementary School, local parks, and the vibrant shops along Danforth Avenue. You'll also be close to the bustling East Lynn Park Farmers Market, making this an ideal spot for anyone looking for convenience and community.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 697 Mortimer Avenue, Toronto E03, ON M4C 2K1
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
