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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Victoria Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,999 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.
Opportunity awaits! Welcome to Victoria Village. This raised bungalow sits on a quiet, family friendly street and is steps to the Don Valley. The main floor offers a spacious living and dining area; beautifully highlighted by a large picture window and sliding door walkout to a private balcony. Enjoy cooking meals in this open and airy kitchen, illuminated by a large skylight feature. At the rear of the home you will find 3 good sized bedrooms that capture the afternoon sun, and a 4 piece bathroom. The basement features a large fourth bedroom; easily convertible to an in-law suite or an accessory apartment for extra income. Open concept living on the lower level includes a kitchenette, gas fireplace, and 3 piece bathroom. A full walkout leads you to a large backyard deck where you can enjoy the open space of this impressive lot and take in views of the Don Valley. The potential in this home provides incredible possibilities and is being offered for sale for the first time in over 50 years. Minutes to parks, schools, transit, highways, amenities, and shopping. This one is truly something special.
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Fenced Yard, Library, Park, Public Transit, School, Wooded/Treed
In-Law Capability, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 86 RUSCICA Drive, Toronto C13, ON M4A 1R4
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 $1,249,999 in Toronto, the legal minimum down payment is $250,000 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 $21,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,475 also applies, bringing the total estimated land transfer taxes to $42,950.
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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.