129 Tiago Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $989,800 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 42 x 117.25 ft lot
- Features a finished with walk-out, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater, In-Law Capability, Other
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
Welcome to 129 Tiago Avenue, a beautifully updated East York home with charm, versatility, and future potential. Set on a rare 42 x 117 ft lot, this detached 3-bedroom, 3-bath home offers space to grow, income opportunities, and the possibility of a legal garden suite under Toronto's updated zoning rules. ***Inside, you'll find generous principal rooms, hot water radiant floor heating throughout, and a separate 2-bedroom in-law suite with a private entrance ideal for extended family, guests, or rental income. The second-floor bedrooms are impressively spacious, and the updated bathroom includes a large built-in cabinet for storage and daily ease. ***Recent updates include a new gas boiler (2024), windows (2019 & 2024), and upgraded appliances, including a fridge, stove (2024), dishwasher (2022), and washer/dryer (2023). A private drive with an attached garage, full basement, and beautifully kept backyard with a deck and shed round out this turnkey property. ***Step outside and you're just a 1-minute walk to the bus stop and moments from Topham Park, home to tennis courts, softball fields, playgrounds, and beloved community events like Halloween walks, Christmas photo ops with Santa, and summer concerts. The area is served by well-rated schools, including Victoria Park Elementary and Gordon A. Brown Middle School, making this a perfect fit for families. ***Whether you're an end-user seeking warmth and functionality, an investor exploring income potential, or a multigenerational family looking for space and flexibility, this home is ready to support your next chapter. ***Inspection report available upon request. Select fixtures are excluded from sale. Live in, rent, or build your Ideal Dreams Journey right here. ***Neither the seller nor the agent represents the retrofit status of the in-law suite.
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Pricing & Value Insights
Data-driven valuation for 129 Tiago Avenue, Toronto E03, ON M4B 2A6
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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 $989,800 in Toronto, the legal minimum down payment is $73,980 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 $16,271 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,271 also applies, bringing the total estimated land transfer taxes to $32,542.
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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.
