122 Fourth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $929,000 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.
- 2 Bedrooms and 1 Bathroom
- Premium 25 x 118 ft lot size
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- Efficient water heating via gas
Description
Welcome home! Located in the highly sought-after South Etobicoke area, this 2-bedroom bungalow is just a short stroll from the lake, parks, trails, Lakeshore shopping, and schools. The 118 ft lot features a secluded back garden with perennial gardens, a detached garage, and ample space for BBQs perfect for summer gatherings! Enjoy the convenience of being close to the lake and all amenities, with the streetcar just steps away. This charming property is an excellent choice for those seeking a comfortable living space or a welcoming haven. Inside, you'll find hardwood floors throughout, a bay window in the living room that bathes the space in natural light, recently updated garage roof and windows, and 100 amp breakers. Bathroom includes heated flooring. Additionally, the property features a 44 ft length basement, ready to be transformed into a spacious area. Basement features a rough-in for a future bathroom, offering added convenience and value. Rear laneway provides potential for additional parking options. Welcome to your new home!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 122 Fourth Street, Toronto W06, ON M8V 2Y7
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 $929,000 in Toronto, the legal minimum down payment is $67,900 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 $15,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,055 also applies, bringing the total estimated land transfer taxes to $30,110.
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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.
