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Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,260,000 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.
177 Patricia Ave is nestled in a welcoming, family-friendly neighbourhood with convenient access to Finch TTC Subway Station, offering a direct connection to downtown Toronto via the Yonge Line. Just 7.2 km from York University and within walking distance to Goulding Community Rec Centre featuring an indoor arena, outdoor pool, summer day camps, and more this location is surrounded by lush green space and two baseball diamonds, perfect for walking, cycling, and enjoying the outdoors. You're also close to the amenities of Yonge Street, including shopping and a variety of restaurants. Built in 1962, this home radiates warmth and character. It has been lovingly maintained by the same family for generations and is now ready to welcome its next chapter. The living room, dining room, and all 4 bedrooms feature beautiful original hardwood flooring. Situated on a private, approximately 50-foot wide by 132-foot deep lot, this home offers 4 bedrooms, 2 full bathrooms, and an above ground laundry room with direct access to the backyard. The finished basement features oversized windows that bring in an abundance of natural light, enhancing the potential of this already versatile space, ideal for families, multigenerational living, or investors. While the home retains much of its original charm, it presents a fantastic opportunity for a new owner to personalise and refresh the space to match their style. The sunroom off the kitchen offers a peaceful retreat to enjoy your morning coffee or relax with a good book, with walkout access to the back deck and a tranquil view of the yard. A rare opportunity in a sought-after neighbourhood book your showing today. EXTRAS: Key updates include: Central Air (2018), Roof (2023), and Furnace (2016).
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Data-driven valuation for 177 Patricia Avenue, Toronto C07, ON M2M 1J6
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 $1,260,000 in Toronto, the legal minimum down payment is $252,000 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 $21,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,675 also applies, bringing the total estimated land transfer taxes to $43,350.
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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.