16 Redfern Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Downsview-Roding-CFB. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $880,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 79.33 x 134.08 ft lot
- Features a partially finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This solid brick bungalow is bathed in sunlight and situated in a highly sought-after, peaceful, and family-friendly neighborhood. The home sits on a beautiful 6,660 sq. ft. corner lot, featuring a lovely ivy canopy at the back entrance and two large pine trees at the rear of the property. There's also additional space that was previously used for growing vegetables. Parking is generous, with two carport spots and additional driveway space for four cars. This light-filled, well-built home offers a wonderful opportunity for a family to establish roots. There is significant potential for renovation, finishing the basement to create an income suite or in-law suite, or even building new. The property is conveniently located close to TTC, major highways, shopping malls, Humber River Hospital, excellent schools, and parks. The property is being sold in "as-is" condition. We invite you to explore this excellent opportunity to move into a fantastic neighborhood with various possibilities.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Park, Public Transit
Interior Features
Carpet Free
Security Features
Community Features
Location
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 16 Redfern Avenue, Toronto W05, ON M3M 1L3
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 $880,000 in Toronto, the legal minimum down payment is $63,000 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 $14,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,075 also applies, bringing the total estimated land transfer taxes to $28,150.
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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.
