7 Milk Bottle Lane, Toronto, ON
Property Highlights
Welcome to this remarkable Other semi-detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,999,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 2500-3000 sqft on a premium 31 x 160 ft lot
- 1.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 7 Milk Bottle Lane, formerly known as 23A Morton Road - a truly unique opportunity tucked away down a quiet private lane in one of Toronto's desirable east-end neighbourhoods. Just steps from The Danforth and minutes to the GO Train and TTC, approximately 3,000 sq. - Currently in the process of applying for severance for townhouse development while retaining the existing structure. Proposed architectural drawings for future townhomes, including parking, are available to review. A rare opportunity for visionaries seeking a distinctive property in a highly connected urban setting.
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Pricing & Value Insights
Data-driven valuation for 7 Milk Bottle Lane, Toronto E02, ON M4C 0B5
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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 $2,999,000 in Toronto, the legal minimum down payment is $599,800 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 $61,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,450 also applies, bringing the total estimated land transfer taxes to $122,900.
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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.
