21 Torrens Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Broadview North. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $999,000 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 2 Bathrooms
- Premium 19.44 x 150 ft lot size
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
The property is located in a prime neighborhood in East York and sits on a 150 ft deep lot with a detached double car garage, offering endless possibilities including a Laneway Home or Garden Suite Home accessible by a private laneway.This is truly one of the most unique lots in a prime area in downtown Toronto! The U shaped lot (check Geowarehouse) offers the possibility of severance into 2 lots. Live in the main home and build a garden suite or laneway home for extra income in the back. Whether you choose to renovate and preserve the home's existing charm and character or start from scratch, one thing is certain - this property will not disappoint. The home features 3 bedrooms and 1 bathroom on the second level, 2 bedrooms and 1 bathroom in the basement accessible by a separate entrance, and 2 car garage for a total of 4 parking spaces. Close to nature trails, the DVP, schools, Brickworks, Rosedale Valley, and the East York Community Centre, this is a rare opportunity not to be missed!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 21 Torrens Avenue, Toronto E03, ON M4K 2H9
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
