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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Junction Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
Discover a rare gem in the heart of the Junction. This expansive detached residence offers 2,700 square feet of refined living space, blending original architectural character with thoughtful modern updates. Situated south of Annette Street, this five-bedroom home, complete with a newly finished one-bedroom basement suite, represents an increasingly uncommon opportunity in one of Toronto's most coveted neighborhoods.The renovated main floor is bright and welcoming, ideal for both everyday living and entertaining, with high ceilings, wide plank hardwood floors, and original architectural details. A spacious living and dining area flows into a modern kitchen featuring an induction cooktop and built-in appliances. At the rear, a versatile den or office overlooks the garden and walks out to a private deck. A convenient main floor powder room completes the space. The second level includes three well-proportioned bedrooms, a full four-piece bathroom, a dedicated laundry room and access to a rooftop deck. The third floor offers two additional bedrooms or office/studio use.The lower level features a separate side entrance, kitchenette, bedroom, and recreation space-ideal for extended family, guests, or additional living flexibility, with excellent income potential. Located in a top-tier school district including Annette Street Public School, St. Cecilia Catholic School, and Humberside Collegiate Institute. Embrace a truly walkable urban lifestyle. Whether you're strolling to High Park, exploring the Junction's independent shops and restaurants, everything you need is just minutes from your front door. For longer journeys, enjoy quick access to major highways or use the UP Express and TTC for a seamless, stress-free commute to the downtown core.
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Fenced Yard, Library, Park, Place Of Worship, Rec./Commun.Centre, Public Transit
Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, In-Law Suite, Water Heater
Alarm System
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This could be the first listing for this address.
Data-driven valuation for 162 Medland Street, Toronto W02, ON M6P 2N5
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 $1,499,000 in Toronto, the legal minimum down payment is $299,800 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 $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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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.