2 Carrington Avenue, Toronto, ON

$1,299,000
MLS#:W9367333
5 beds
3 baths
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Caledonia-Fairbank. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,299,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 25 x 125 ft lot size
  • Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Accessory Apartment, Carpet Free, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fantastic Family-Friendly Find. This Modern, fully renovated 3-bedroom, 2-bathroom raised bungalow sits on a coveted corner lot and offers comfort, style and endless potential. It includes a bonus fully contained and renovated 900 sqft, 2-bedroom basement apartment with a separate entrance, perfect for extra rental income or as an in-law suite. It also has amazing Garden suite potential, with great access on the corner of the street for any future construction/renovations. The main floor features a bright, open-concept layout with a luxurious kitchen outfitted with stainless steel appliances, a chic backsplash, and quartz countertops that extend to a peninsula overlooking the living room, making it ideal for entertaining or family gatherings. There are two spacious bathrooms, a stylish 4-piece and a bright primary ensuite with a glass walk-in shower. All three bedrooms have oversized closets and big windows overlooking the yards. Additional features include two driveway parking spaces and a built-in 2-car garage with a walk-out to the oversized backyard. The basement apartment offers two bedrooms, a 4-piece bathroom, and an open concept, fully equipt, modern kitchen. There is also a bonus storage room and a laundry room with, washer, dryer and laundry sink. The basement apartment is separated with fire-rated doors and fire/sounds separation between the levels, perfect for renting out or multi-generational families. Located in a lush, green, quiet neighbourhood with easy access to the TTC , the future Eglinton Crosstown LRT, parks, schools, and the vibrant shops of Corso Italia and Eglinton West. You're just minutes from highways and major arteries for easy commuting in or out of the city. Please see the attachments for floor plans, garden suite eligibility report, garden suite site plan & complete list of improvements. Home Inspection & Survey Available On Request.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionConcrete
BasementApartment, Finished with Walk-Out
Lot Size25 × 125 Feet
CountyToronto
Annual Tax$4,191.59
Legal DescriptionLt 294 Pl 1530 Twp. Of York S/T & T/W Cy463598

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Rec./Commun.Centre, Public Transit, Place Of Worship, School

Interior Features

Accessory Apartment, Carpet Free, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Storage, In-Law Capability

Security Features

Community Features

Location

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2 Carrington Avenue, Toronto, ON
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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 2 Carrington Avenue, Toronto W03, ON M6E 2C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$259,800 (20.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period25 Years
Estimated Monthly Payment$6,193Based on a loan of $1,039,200 over 25 years.
Purchase Price$1,299,000
Loan Amount$1,039,200
Provincial Land Transfer Tax:$22,455
Toronto Municipal Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$44,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,423

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.