240 Emerson Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $939,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 17.58 x 77 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunity awaits! Step into this character-filled classic red brick semi, nestled on a quiet street in the heart of the vibrant Wallace Emerson Junction. Lovingly maintained and cared for by the same family for almost 60 years, this home is ready for its next chapter. Large primary bedroom features a walkout to an expansive balcony with beautiful views. Enjoy the convenience of front yard parking, a basement walkout, vegetable gardens, in a warm, welcoming neighbourhood. This home offers a solid foundation to renovate or restore into your dream space. The Wallace-Emerson Junction offers the perfect balance of urban cool and family-friendly living, parks and recreation, good schools, vibrant local shops and restaurants, and easy access to transit. A rare opportunity to own a piece of Toronto's history in one of the city's most dynamic and evolving communities. Location. Character. Potential. Don't miss it!
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Pricing & Value Insights
Data-driven valuation for 240 Emerson Avenue, Toronto W02, ON M6H 3T6
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 $939,000 in Toronto, the legal minimum down payment is $68,900 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 $15,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,255 also applies, bringing the total estimated land transfer taxes to $30,510.
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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.
