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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,800 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.
**LEGAL BASEMENT APARTMENT** Welcome to this beautifully updated home in the heart of Scarborough! Recently renovated from top to bottom, this home offers modern finishes and is move-in ready. The property also includes a legal basement apartment with a separate entrance, ideal for rental income or multi-generational living. Bright and spacious main floor with an open-concept layout. The gourmet kitchen is a chef's dream and features quartz countertops, stainless steel appliances, custom backsplash, and large centre island. The entire home features gleaming hardwood floors, complemented by tasteful pot lights, creating a warm and inviting ambiance throughout. The Primary Bedroom Which Features A rare ensuite! With three generously sized bedrooms this home is perfect for those in need of extra space. Professionally finished basement apartment includes a full kitchen, and two large bedrooms. Step outside to a large backyard that offers plenty of space for relaxation, entertainment, and gardening. Whether you're hosting family gatherings or creating your own garden oasis, this yard has it all. The open space is perfect for growing your own vegetables, with lots of sunlight and a greenhouse. You Are Also Steps To Public Transit, Including The Future Eglinton Crosstown LRT, Major Highways, Aga Khan Museum And Park, Nature Trails, Great Schools, Restaurants, Shops, And Much More! Just Move In And Enjoy! Just Move In And Enjoy!
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Data-driven valuation for 1333 Victoria Park Avenue, Toronto E04, ON M4B 2L5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $998,800 in Toronto, the legal minimum down payment is $74,880 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 $16,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,451 also applies, bringing the total estimated land transfer taxes to $32,902.
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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.