96 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 brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $749,900 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 25 x 109 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to own a move-in bungalow in a fantastic Scarborough neighborhood. Featuring a separate entrance to a fully furnished basement with a self contained 2 bedroom apartment and a beautifully updated kitchen - perfect for generating rental income or accommodating extended family. Ideal for first-time home buyers, investors, or seniors looking to downsize. This cozy and well-maintained home offers both comfort and versatility. No immediate expense required. The house is located in one of the desirable Scarborough neighborhood near Midland and Danforth Road intersection. School, Banking facilities, grocery stores and parks are all within walking distance. TTC is a 3minute and GO Train 10minute walk. he driveway is new and the furnace was changed in 2021 with a 10 years warranty. Washer-Dryer, Dishwasher, Stove, Refrigerator - all gas appliances Is Where Is.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 96 Laurel Avenue, Toronto E04, ON M1K 3J9
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 $749,900 in Toronto, the legal minimum down payment is $49,990 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 $11,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,473 also applies, bringing the total estimated land transfer taxes to $22,946.
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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.
