972 Cosburn Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $949,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 20 x 120 ft lot
- Features a apartment, finished, finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, In-Law Suite, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Stunning Fully Renovated East York Bungalow with Separate Basement Apartment, Rental Income Potential & Rare Laneway Garage. Exceptional opportunity to own a fully renovated bungalow in the heart of East York featuring 2 self-contained units with separate entrances - perfect for investors, first-time buyers, couples seeking a mortgage helper, multi-generational families, or anyone looking for a turnkey Toronto income property. Extensively renovated top-to-bottom in 2020 with permits and over $250K in premium upgrades, this move-in ready home offers modern open-concept living, designer finishes, chef-inspired kitchens, and full-size washer/dryers on both levels. The bright main floor is ideal for entertaining, while the beautifully finished lower-level suite provides incredible flexibility for rental income, extended family, or private guest space. Previously rented for $1,800/month, the vacant basement apartment offers immediate income potential and an excellent opportunity to offset mortgage costs or maximize investment returns in Toronto's competitive real estate market. This East York home also features a beautifully landscaped low-maintenance backyard with premium astro turf and a rare rear land extension leading to a private detached garage with laneway access - a highly desirable feature rarely found in the area.Located close to TTC, the Danforth, Taylor Creek trails, Stan Wadlow Park, East York Community Centre, schools, shopping, restaurants, biking trails, and major commuter routes. Whether you are searching for a Toronto duplex alternative, house with basement apartment, income-generating property, multigenerational home, investment property in East York, or a beautifully renovated bungalow with rental income potential, this property truly checks every box.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, Place Of Worship, Rec./Commun.Centre
Interior Features
Auto Garage Door Remote, In-Law Suite, Water Heater Owned, On Demand Water Heater, In-Law Capability, Accessory Apartment
Security Features
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 972 Cosburn Avenue, Toronto E03, ON M4C 2W9
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 $949,900 in Toronto, the legal minimum down payment is $69,990 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 $15,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,473 also applies, bringing the total estimated land transfer taxes to $30,946.
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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.
