Welcome to this remarkable 2-Storey co-ownership apartment located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $625,000 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.
Less upkeep. More intention. A home that reflects how you actually want to live now. Located in a boutique fourplex on a quiet, tree-lined street in Cedarvale, this second-floor suite offers approximately 1,200 sq ft of well-planned living space-larger than most options at this price point, without the demands of a full house. The layout is functional and easy to live in, with defined principal rooms that allow for both everyday comfort and hosting. A dedicated dining room sits alongside the eat-in kitchen, where a large breakfast bar creates a natural gathering point. The kitchen is equipped with granite countertops, a gas stove, a stainless steel refrigerator, a built-in dishwasher, and a full pantry. Two well-sized bedrooms and a large den provide flexibility for guests, a home office, or additional living space. Hardwood floors run throughout, and the second-floor position brings in excellent natural light and an open outlook. Storage is thoughtfully integrated, with multiple large closets, built-in organizers, and a private basement locker. Laundry is conveniently located downstairs, accessed directly from the kitchen via a back stair. Additional features include a ductless A/C unit and two parking spaces-one in the garage and one on the surface. A convenient exit to the garage further simplifies day-to-day routines. Monthly maintenance fees include all utilities and property taxes, offering clarity and predictability in your monthly expenses.
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Public Transit, Park, School, School Bus Route
Carpet Free, Separate Heating Controls
Smoke Detector
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Data-driven valuation for 7 Warwick Avenue 3, Toronto C03, ON M6C 1T5
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 $625,000 in Toronto, the legal minimum down payment is $37,500 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 $8,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,975 also applies, bringing the total estimated land transfer taxes to $17,950.
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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.