Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,695,000 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.
Rare opportunity on a prime stretch of Bloor St W in Etobicoke. This property is being offered in conjunction with 3 adjacent properties (together being 3985, 3987, 3989, and 3991 Bloor St West) with the potential to assemble, creating a significant frontage on a major corridor. Ideal for investors, builders, and end-users seeking long-term upside in a rapidly evolving area. Located along a transit-supported arterial road with close proximity to shops, restaurants, parks, and public transit. The area is benefiting from the City of Toronto's Expanding Housing Options in Neighbourhoods (EHON) initiative, which is encouraging thoughtful intensification along Major Streets like Bloor St W, supporting a range of new housing forms over time. The property itself offers flexibility, maintain as-is, renovate, or explore future redevelopment potential. Buyers to conduct their own due diligence regarding permitted uses. A unique chance to secure a foothold in one of Etobicoke's most promising corridors.
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Data-driven valuation for 3989 Bloor Street W, Toronto W08, ON M9B 1M2
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 $1,695,000 in Toronto, the legal minimum down payment is $339,000 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 $30,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,375 also applies, bringing the total estimated land transfer taxes to $60,750.
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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.