1006 Victoria Park Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium aluminum siding 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 40 x 110 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming detached bungalow that is truly move-in ready! The main floor features two generously sized bedrooms, a well-appointed kitchen perfect for everyday cooking, and a spacious living room ideal for cozy movie nights. The dining room easily accommodates a long table, making it a great space for entertaining. Bright and inviting, this home is filled with natural light and offers an abundance of storage throughout.A rare find, the double car garage boasts 12-foot ceilings, easily fitting two compact cars with room to spare. Whether you're a hobbyist or a professional, this versatile space is perfect as a workshop with the capacity to support heavy power equipment. Fully insulated, its also ready to become your personal gym or work-from-home retreat.The lower level offers even more flexibility with a self-contained 2-bedroom basement apartment, complete with large windows, two exits for easy egress, and a cozy gas fireplace. Its bright, inviting, and easy to rent previously leased for $1,600/month, with a market value in area of $1,800-$2,000/month+ utilities. Ideal for multi-generational living or investment property! A separate hydro meter adds convenience, and shared laundry makes this setup practical for both owners and tenants. Ideally located just a 10-minute walk to the subway, this home is nestled between the eclectic charm of the Danforth's one-of-a-kind shops and the convenience of big box stores to the north, offering the best of both worlds in shopping and lifestyle. Nature lovers will also appreciate the proximity to Taylor Creek Park perfect for long walks, scenic bike rides, or simply enjoying the peaceful beauty of the outdoors right in your neighbourhood.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1006 Victoria Park Avenue, Toronto E03, ON M4B 2J6
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 $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.
