194 Florence Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,888 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 with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 40 x 130 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
You could not ask for a better location! A Short walk to Yonge/Sheppard Subway, Shops, Restaurants and Nightlife. Newly updated 2Bedroom/2 Full Bath Solid Brick Bungalow with Single Car Garage is a great alternative to condo living or as entry level home into this highly desirable area. Either way, this home will offer you a large Living Area along with a Separate Updated Kitchen / Dining Area. There are 2 Good Sized Bedrooms on the main floor and a newly updated 4PC Bathroom. A Separate Side Entrance leads to a High/Bright Basement with a Kitchenette, Large Rec Room, Separate Bedroom and newly updated 4PC bath. Ideal for growing family or to convert to a potential rental suite. This home offers many opportunities to invest, live in/rent out or build your dream home on this premium 40 x 130 foot mature landscaped lot. Steps to top-rated schools, parks, green spaces, places of worship, major highways, and public transit.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Level, Park, Public Transit, School, Rec./Commun.Centre
Interior Features
Auto Garage Door Remote, In-Law Capability
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 194 Florence Avenue, Toronto C07, ON M2N 1G4
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 $1,398,888 in Toronto, the legal minimum down payment is $279,778 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 $24,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,453 also applies, bringing the total estimated land transfer taxes to $48,906.
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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.