38 Touraine Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Clanton Park. Expertly crafted featuring premium brick 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 55 x 120 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 38 Touraine Avenue in the heart of highly sought-after Clanton Park. This 1 and a half storey detached brick home offers approximately 1,254 sq ft above grade on a desirable lot with an attached 1-car garage. Featuring 3 bedrooms, a functional layout, and anunfinished basement, it presents a great opportunity for end-users, investors, or builders looking to renovate, update, or build new in a primeNorth York location. Note fireplace is sealed, non-functional. The home has seen several practical updates over the years, including full GFCI electrical upgrades (2020), a fully waterproofed basement, new kitchen range and dryer exhausts (2023), a newly rebuilt concrete backyard patio, fresh interior repaint (2023), a refreshed main bathroom, professional duct cleaning (2022), updated laminate flooring in key areas, andnew front eavestroughs and downspouts. Conveniently located close to parks, schools, public transit, Yorkdale Mall, and major highways.
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Pricing & Value Insights
Data-driven valuation for 38 Touraine Avenue, Toronto C06, ON M3H 1R2
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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.
