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Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Greenwood-Coxwell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $654,000 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.
Fantastic opportunity for builders, investors, and renovators in a prime East York location. This property is being offered as a full renovation project, ideal for those looking to add value, reconfigure the layout, or explore redevelopment potential. The existing second-floor kitchen presents a strong opportunity to be converted into an additional bedroom, allowing for improved functionality and resale appeal. Located steps to Greenwood Park, this home benefits from excellent access to green space, recreation facilities, skating rink, and community amenities. Transit options are excellent, with Gerrard TTC streetcars nearby and a bus stop just a few doors north, offering easy connections throughout the city and quick access to downtown Toronto. Shopping and everyday essentials are close at hand at Gerrard Square. Families and investors alike will appreciate the proximity to the highly ranked Riverdale Collegiate, a key factor for long-term value in the neighborhood. The lot may offer potential for a future garden suite, subject to city approvals and buyer due diligence. A rare chance to invest in a well-located East York property with strong upside potential in a transit-rich, amenity-filled community.
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This could be the first listing for this address.
Data-driven valuation for 177 Greenwood Avenue, Toronto E01, ON M4L 2P8
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 $654,000 in Toronto, the legal minimum down payment is $40,400 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 $9,555 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,555 also applies, bringing the total estimated land transfer taxes to $19,110.
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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.