123 Ernest Avenue, Toronto, ON

$1,299,999
MLS#:C10417105
4 beds
3 baths
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Pleasant View. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,999 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 3 Bathrooms
  • Premium 50.16 x 135 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming Tudor-Style Raised Bungalow on a Premium Lot in a Sought-After Location This meticulously updated, open-concept bungalow is Positioned on an expansive premium lot, the home features ***$$$ spent Beautiful modern kitchen equipped with stainless steel appliances. hardwood floors add warmth and sophistication to the main living spaces, while recent upgrades, including a new roof (2017) and windows (2018), provide lasting quality and comfort. The lower level boasts a professionally finished walk-up basement with a separate entrance, ideal for an in-law suite or potential rental space. Outside, the stunning deck with a natural gas BBQ outlet is perfect for outdoor gatherings, complemented by a beautifully interlocked driveway and backyard for additional aesthetic appeal. The double-door garage, along with four additional parking spaces, ensures ample room for multiple vehicles. This prime property is just steps from Victoria Park, Seneca College, highly-rated schools, and convenient public transit options, making it an ideal choice for families and professionals alike. Thoughtfully renovated, the modern kitchen and updated bathrooms enhance the home's functionality and style, making it move-in ready for its next owners. Experience refined living in a vibrant community-this exceptional property combines character, practicality, and prime location in one stunning package.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 2, 2024
Sold price information is available to members only
Listed Date11/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size50.16 × 135 Feet
CountyToronto
Annual Tax$6,352
Legal DescriptionPT LT 30 PL 3264 North York AS IN TB995024; TORONTO (IN YORK), CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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123 Ernest Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 123 Ernest Avenue, Toronto C15, ON M2J 3T7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$260,000 (20.0%)
* Minimum Canadian down payment required for this price is $260,000.
Amortization Period25 Years
Estimated Monthly Payment$6,198Based on a loan of $1,039,999 over 25 years.
Purchase Price$1,299,999
Loan Amount$1,039,999
Provincial Land Transfer Tax:$22,475
Toronto Municipal Land Transfer Tax:$22,475
Total Estimated Closing Taxes:$44,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,299,999 in Toronto, the legal minimum down payment is $260,000 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 $22,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,475 also applies, bringing the total estimated land transfer taxes to $44,950.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Pleasant View, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$957,513

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Gerald
Public200 Old Sheppard Avenue, Toronto, Ontario, M2J 3L9
6.1
Epiphany of our Lord
Public3150 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 3J5
4.0
St Timothy
Public25 Rochelle Crescent, Toronto, Ontario, M2J 1Y3
6.9
St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2
St Aidan
Public3521 Finch Avenue East, Scarborough, Toronto, Ontario, M1W 2S2
5.6

Secondary Schools

Sir John A Macdonald
Public2300 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 1H8
6.1
Georges Vanier
Public3000 Don Mills Road, Toronto, Ontario, M2J 3B6
6.7
George S Henry
Public200 Graydon Hall Drive, Toronto, Ontario, M3A 3A6
2.3
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3
Stephen Leacock
Public2450 Birchmount Road, Scarborough, Toronto, Ontario, M1T 2M5
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.