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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,000 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.
Welcome to this incredible opportunity in the heart of prime Cedarvale! Whether you're looking to live in it as is or seeking a prime building lot, this west facing property offers flexibility and lots of potential. Ample space to create your dream home or top up the existing house on a street with lots of new builds.The lower level can be a rental or to house your extended family. Laundry can be found on the main floor and basement. The fenced backyard provides a private outdoor retreat, ideal for relaxing or entertaining. Location is everything, and this home delivers! Commuting is a breeze with the Allen Expressway and Eglinton West subway just a 2-minute walk. Nature lovers will appreciate being steps from the scenic Cedarvale Ravine, while families will love the proximity to top-tier public like Cedarvale PS, Forest Hill Collegiate and private schools like UCC and BSS, synagogues, and the shops on Eglinton.This is a rare find in one of the most sought-after neighborhoods!
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Fenced Yard, Public Transit, School, Park, Place Of Worship, Ravine
Accessory Apartment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 118 Everden Road, Toronto C03, ON M6C 3K8
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 $1,398,000 in Toronto, the legal minimum down payment is $279,600 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 $24,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,435 also applies, bringing the total estimated land transfer taxes to $48,870.
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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.