8 Wolcott Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $850,000 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
- Generous living space spanning < 700 sqft on a premium 40 x 118.23 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully upgraded, MOVE-IN READY bungalow on a rare oversized lot w/6 CAR PARKING & gorgeous backyard. Comfortable & easy indoor/outdoor living plus outstanding potential: SEPARATE BASEMENT ENTRANCE for future in-law suite or rental income + a versatile GARAGE W/HEAT & HYDRO for extensive workshop/hobby space w/IMPRESSIVE STORAGE CAPABILITY. Garage also qualifies for the largest possible GARDEN SUITE-ideal for rental income, multigenerational living & exceptional added value. The bright, welcoming living rm features large front window & architectural wall cutouts, creating an open, seamless main floor flow. RENOVATED KITCHEN includes quartz countertops, stainless appliances, recessed & under-cabinet lighting. Sliding drs lead to sun deck, private stone patio & low-maintenance landscaped gardens. Two MAIN FLOOR BEDROOMS offer closets plus updated 4pc washroom offers new vanity, faucet, lighting & shelving. Enjoy ultimate relaxation in the deep soaker tub. The FINISHED BASEMENT offers flexibility with a large rec rm, cozy FIREPLACE, HIGH CEILING & huge above-grade window overlooking the backyard. A 3rd bedroom features extensive b/i storage. 2nd washroom includes step-in shower w/glass enclosure, new vanity & faucet + two surprisingly deep storage cabinets. Separate side entry supports in-law suite or future apartment potential. Ample storage throughout: six closets, two deep cabinets + built-ins. The impressive multi-zone garage offers parking, high-capacity storage & workshop potential w/built-in counters, cabinetry, loft storage & secure, dual-access rear storage. Clean concrete floors, three entry doors, bright lighting & gas heater. Prime location near TTC, 2 Go Stations, shopping, 2 rec centres, places of worship, trails, parks, 2 great beaches, 2 golf courses & the iconic Scarborough Bluffs! A rare turn-key opportunity with long-term value.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Interior Features
Primary Bedroom - Main Floor
Security Features
None
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 8 Wolcott Avenue, Toronto E06, ON M1L 4K1
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 $850,000 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.
