106 Magnolia Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $729,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30 x 104 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great Starter Home. Welcome to this Charming, Sun Bright & Cozy 2 Bedroom Bungalow In Great Quiet Family Neighbourhood! Updated Throughout. Durable Bamboo Flooring, Pot Lights, Updated Kitchen With Double Granite Sink, SS Appliances. Electric Fireplace In Living. Bedroom with Direct Access to the Backyard. Finished Basement with Family Room and Bedroom. Spacious Laundry/Utility Room with Storage Cabinets & Counter. New Roof(2024). Perfect Home for Entertaining and Outdoor Relaxation. Enjoy the Enclosed Backyard with a Deck. Close To Schools, Shops and Transit. Good for living and investment! See 3D virtual tour!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 106 Magnolia Avenue, Toronto E04, ON M1K 3K6
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 $729,000 in Toronto, the legal minimum down payment is $47,900 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 $11,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,055 also applies, bringing the total estimated land transfer taxes to $22,110.
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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.
