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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rockcliffe-Smythe. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $799,000 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.
Beautifully maintained detached bungalow on a quiet street in the sought-after Rockcliffe-Smythe neighborhood of Toronto. This charming home features 2+1 bedrooms, 2 washrooms, and a newly renovated kitchen. The perfect entry level home whether you are moving up or downsizing. The finished basement with separate entrance offers excellent potential for an in-law suite or rental unit. Enjoy the private backyard, perfect for relaxation and entertaining. Includes 1 Front Pad Parking. Conveniently located near parks, schools, shopping, and public transit, this home combines urban amenities with suburban tranquility. A true gem in a vibrant community!
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Data-driven valuation for 46 Norval Street, Toronto W03, ON M6N 3Z2
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.