81 Laurel Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $679,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40 x 104 ft lot
- Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Water Heater, Workbench
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Say Hello to 81 Laurel Avenue, a Rare Opportunity on a Prime 40 x 104 Ft Lot! This property is all about potential, set in a quiet, desirable enclave surrounded by custom new builds. It's an ideal canvas for your dream home or next project. The existing house is livable and could be renovated, making it a solid option for end-users or investors. Key updates include new roof shingles on both the house and garage (2024), updated main floor windows, 100-amp electrical service with circuit breakers, and a copper water feed from the street. The aluminum eavestroughing comes complete with leaf guards. The location is a standout: just steps to Corvette Park, a 2.4-hectare community gem featuring three baseball fields, a splash pad, and a children's playground. Commuters will appreciate the excellent Transit Score of 84, a quick 2-minute walk to the bus and just 10 minutes to the GO Train. The Walk Score of 74 means most daily errands are within easy reach on foot. Whether you choose to live in, renovate, rent out, or build new, this property offers tremendous upside in a well-established, fast-evolving neighbourhood. PLEASE DO NOT WALK THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT.
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Key Features
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Interior Features
Primary Bedroom - Main Floor, Water Heater, Workbench
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 81 Laurel Avenue, Toronto E04, ON M1K 3J7
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 $679,000 in Toronto, the legal minimum down payment is $42,900 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 $10,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,055 also applies, bringing the total estimated land transfer taxes to $20,110.
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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.
