7 Lockerbie Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humberlea-Pelmo Park W4. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $988,000 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
- Premium 50 x 125 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Workbench
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover this solid brick, 3 bedroom bungalow nestled in the desirable and community oriented neighbourhood of Pelmo Park-Humberlea. First time being offered for sale in over 50 years. Located on a 50 ft by 125 ft private lot on a very quiet street. This property offers an excellent opportunity to live in and complete renovations at your leisure. The home features a long private driveway allowing ample parking with a detached garage. The back sunroom with separate entrance offers excellent views of the back yard. Enjoy the serenity of the large private back yard with many mature perennial plants. A gardeners paradise. Convenient for children to walk to local schools. Located near major highways 400 and 401 and within walking distance to the UPX / Go trains. Both Property and Chattels being sold in As Is Condition.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Place Of Worship, Public Transit, Hospital, Park, School, School Bus Route
Interior Features
Primary Bedroom - Main Floor, Workbench
Security Features
Community Features
Location
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 7 Lockerbie Avenue, Toronto W04, ON M9N 2Z9
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 $988,000 in Toronto, the legal minimum down payment is $73,800 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 $16,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,235 also applies, bringing the total estimated land transfer taxes to $32,470.
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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.
