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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Junction Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
Amazing opportunity for first time buyers, downsizing or anything in between! This Junction bungalow provides both affordability and function in the heart of one of Toronto's most desirable neighbourhoods. Live upstairs in the three bedroom, renovated owners suite with access to a large lower level recreation room, backyard and double car garage. The added bonus is the completely separate one bedroom basement apartment with income or in-law suite potential. Opportunity to set your own rent in either unit! Or take over both floors and make it your own! Steps to all the best The Junction has to offer; restaurants, shops, transit and premier schools.
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Library, Rec./Commun.Centre, School, Public Transit
Primary Bedroom - Main Floor, Storage, In-Law Suite
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 248 Annette Street, Toronto W02, ON M6P 1R1
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.