8 MAIN Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick and insulbrick construction, this residence presents an exceptional opportunity offered at $990,000 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 1 Bathroom
- Premium 23.92 x 151 ft lot size
- Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- Efficient radiant heating via gas
Description
Location, Location! Upper Beaches! Renovator's dream! Welcome to this 2 storey, 3 bedroom, 1 bathroom home situated on large lot, with about 23.92 ft frontage and about 151 ft depth. Unique opportunity to call this property your Own Home. Despite needing updates, this property's structure and location offers an opportunity for an exceptional home renovation project - renovate to your own taste and desire! Hardwood, broadloom and ceramic floors through-out the house. Living Room overlooking front yard and Dining room overlooking backyard. Fireplace on the main level. Primary Bedroom with built-in wall unit, including built-in desk. Basement with walk-out to the spacious backyard, where you could design your very own garden, and create your very own paradise in the city. The new roof's fibreglass shingles were installed in April, 2024. Bus stop right in front of the house and the streetcar close by. The property is being sold in "As-Is Where is" Condition. This home offers endless options to live the lifestyle you've always dreamed about! Don't miss out! The Property is backing onto Lane West Main North Kingston.
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Pricing & Value Insights
Data-driven valuation for 8 MAIN Street, Toronto E02, ON M4E 2V4
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 $990,000 in Toronto, the legal minimum down payment is $74,000 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 $16,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,275 also applies, bringing the total estimated land transfer taxes to $32,550.
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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.
