16 Bright Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $999,000 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 13.33 x 76.5 ft lot size
- Features a half basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Set on a charming, curved street with Victorian homes, this 1880-built gem blends historic charm with modern upgrades. Behind the vibrant strawberry-red door, the open-concept main floor features 10-foot ceilings, abundant natural light, and refinished hardwood floors. The bright living room flows into a dining area with a frosted west-facing window for privacy and brightness. The renovated kitchen offers ample storage, panelled appliances, quartz countertops, and a custom window counter. A glass-panelled door leads to the interlocked backyard with plant beds for added privacy and space for entertaining. Upstairs, the king-sized primary bedroom has built-in closets and Juliette balconies, while the newly renovated bathroom features a large walk-in shower and custom vanity. The second bedroom, currently used as a den, includes a closet and built-ins. The lower level provides a versatile space with built-in shelving, a crawl space, and a laundry area. Situated on a quiet street, this home offers a perfect mix of Victorian charm and modern living, steps from the city's vibrant core.
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Pricing & Value Insights
Data-driven valuation for 16 Bright Street, Toronto C08, ON M5A 3H4
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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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
