1220 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,589,900 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 21 x 110 ft lot
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Say hello to this stunning Leslieville gem, completely reimagined from the studs in 2022! With spray foam insulation, new windows, doors, hardware, radiators, and updated mechanical systems. The main floor open-concept layout has soaring 9-ft ceilings, modern pot lights, & a chef's kitchen with a breakfast bar for 4, quartz countertops, ample cabinetry,& plenty of storage. A convenient 2-piece powder room completes the main level. Luxurious heated bathroom floors &plank flooring add warmth & style. Surprisingly quiet as the house is set back from & above the street. Stay comfortable year-round with three heat pumps & individual temperature controls on every floor. The versatile 4th bedroom can be used as a light-filled family room. The basement is ready for your finishing touches just add drywall! Outside, enjoy the laneway-access garage with one-car parking & a gas line for your BBQ. This home is the perfect Leslieville dream!! Conveniently located in a neighborhood with a Walk Score of 95! You're steps from shops, restaurants, and transit.Nearby Greenwood Park offers an amazing farmer's market, skating rink, pool, playground, dog park, & baseball fields.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1220 Gerrard Street E, Toronto E01, ON M4L 1Y6
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 $1,589,900 in Toronto, the legal minimum down payment is $317,980 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 $28,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,273 also applies, bringing the total estimated land transfer taxes to $56,546.
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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.