83 Elma Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 31.83 x 125 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient baseboard heating via electric
Description
First time ever offered for sale! Nestled in the sought-after Mimico community, this charming detached two-storey home sits on a premium 31 x 125 ft lot and presents an incredible opportunity to make it your own. Featuring three bedrooms, two bathrooms, and a finished basement, the home offers a functional layout with plenty of space for growing families or those looking to renovate and add value. Surrounded by mature trees and located just minutes to the lake, parks, transit, and local amenities, this is your chance to get into one of South Etobicoke's most desirable neighbourhoods. Stop searching, start living. Let's make this house your new home!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 83 Elma Street, Toronto W06, ON M8V 1X9
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 $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.
