117 Fortieth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Long Branch. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 40 x 120 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, In-Law Capability, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Well maintained, spacious 5 level backsplit in a very convenient location. Large principal rooms, living room with picture window, semi-separate dining room, newer kitchen with skylight, pot lights and breakfast area. Ground level features Bright family room with walk-out to private back yard, den and 3 pc bathroom. There is also side door access to this level. 4th level offers in-law suite with kitchen and extra 2 bedrooms, both with above ground windows. Unspoiled 5th level leaves a bit of imagination for a new owner. Property with a huge potential, can easily accommodate 2 families. Great location in south Etobicoke, no need for a car, walking distance to city amenities, Lake Ontario, parks, beaches, bike and walking trails.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Place Of Worship, School, Park
Interior Features
Carpet Free, In-Law Capability, Water Heater
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 117 Fortieth Street, Toronto W06, ON M8W 3N2
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 $1,499,900 in Toronto, the legal minimum down payment is $299,980 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 $26,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,473 also applies, bringing the total estimated land transfer taxes to $52,946.
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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.
