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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,050,000 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.
Welcome to 2 Frankdale Ave, East York! This charming detached home is situated in a prime location, just steps from the subway station, offering quick access to downtown Toronto, the DVP, Gardiner, and 401. The home boasts a spacious, sun-filled living room with elegant hardwood floors, a well-equipped kitchen, updated bathrooms, and a finished basement with a separate entrance and kitchen, ideal for extra rental income or extended family. It also features a rare, long driveway that fits up to 5 cars, and a larger lot that provides ample space for your needs, including the potential to add a second floor or rebuild. Enjoy the lovely front porch and private backyard for outdoor activities. Closed to schools, parks, hospitals, places of worship, and trendy shops along the Danforth. Embrace the vibrant lifestyle and strong community spirit of East York at 2 Frankdale Ave!
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Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2 Frankdale Avenue, Toronto E03, ON M4J 3Z9
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 $1,050,000 in Toronto, the legal minimum down payment is $210,000 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 $17,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,475 also applies, bringing the total estimated land transfer taxes to $34,950.
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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.