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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Yonge-Eglinton. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,295,000 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.
Nestled in the heart of prestigious Chaplin Estates, 87 Tranmer Ave is a timeless centre hall home brimming with charm and endless possibilities. Available for the first time in 25 years! This cherished family residence sits on a generous 50' x 100' corner lot, offering an opportunity to own in one of Toronto's most sought-after midtown neighbourhoods. Boasting over 3200 sf across 3 finished levels, this home features 4+1 bedrooms and 4 bathrooms. Gracious principal rooms set the tone, including an expansive formal living room (26'10" x 12'9") with a bay window, wood-burning fireplace & hardwood flooring. The bright and spacious formal dining room - ideal for entertaining - flows seamlessly via double-doors into the functional kitchen, complete with ample cabinetry & countertop space and a charming window above the sink. An inviting main floor addition introduces a sun-filled family room, offering a versatile space for relaxation, a breakfast room and/or home office. Sliding glass doors lead to a rear deck & beautifully landscaped garden. A separate side-door entrance from the private driveway & detached single-car garage adds convenience, along with a main floor powder rm. On the 2nd floor, the south-facing primary suite boasts 2 double-door closets and a 2-piece semi-ensuite bathroom. 3 additional well-proportioned bedrooms feature their own closets, and a 4-piece family bathrm & hallway linen closet complete this floor. The finished lower level extends the living space with a good recreation room, additional bedroom, 3-piece bathroom, separate laundry room & exceptional storage. Showcasing original character and solid bones, this family home offers incredible potential whether you choose to update, renovate, or build your dream home in this unbeatable location. Walking distance to TTC, shops/restaurants on Yonge Street & Eglinton Ave, and premium private & public schools (UCC, BSS, Davisville Junior PS & North Toronto CI). Don't miss this incredible opportunity!
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Data-driven valuation for 87 Tranmer Avenue, Toronto C03, ON M5P 1E3
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 $2,295,000 in Toronto, the legal minimum down payment is $459,000 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 $43,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,850 also applies, bringing the total estimated land transfer taxes to $87,700.
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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.