208 Lake Promenade, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Long Branch. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,265,000 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Premium 26 x 90 ft lot size
- Features a finished with walk-out, apartment 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover 208 Lake Promenade: A rare registered duplex in Toronto's sought-after Long Branch community! This detached gem offers 3+1 bedrooms and 3 bathrooms, featuring a primary bedroom with serene lake views, separate living, dining, and family rooms, plus a basement suite with a bedroom, bathroom, kitchen, and walk-out to the backyard, perfect for rental income or extended family living. Located across from Long Branch Park and just minutes from Long Branch GO Station, Marie Curtis Park, Humber College Lakeshore Campus, and the TTC streetcar, a short commute to downtown Toronto, this versatile property is ideal for families or investors seeking a prime opportunity in a vibrant neighborhood. Don't miss out! **EXTRAS** It is within walking steps of all the amenities, the Lake Ontario shoreline, and the numerous parks providing great outdoor activities and much more.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 208 Lake Promenade, Toronto W06, ON M8W 1A8
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 $1,265,000 in Toronto, the legal minimum down payment is $253,000 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 $21,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,775 also applies, bringing the total estimated land transfer taxes to $43,550.
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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.
