242 Bain Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,589,000 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
- Premium 14.25 x 96.8 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Bar Fridge
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 242 Bain Ave, a beautifully upgraded 3-bedroom, 2-bathroom semi-detached home in the heart of North Riverdale, just steps from Withrow Park and top-rated schools. This home boasts a range of thoughtful updates, including laneway parking with a certified EV charger and a new fence for added privacy. The second-floor terrace has been reinforced with new ceiling supports, offering a peaceful retreat. Enjoy custom floor-to-ceiling built-in closets in the sun-filled primary suite. Updated kitchen with ample counter space and storage, new built-in bar fridge and quartz counter tops. Some of the recent updates include new windows, doors, modern kitchen upgrades, enhanced storage and improved drainage in the basement. Dont miss out on this one-of-a-kind home in one of Torontos most sought-after neighborhoods!
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Pricing & Value Insights
Data-driven valuation for 242 Bain Avenue, Toronto E01, ON M4K 1G3
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 $1,589,000 in Toronto, the legal minimum down payment is $317,800 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 $28,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,255 also applies, bringing the total estimated land transfer taxes to $56,510.
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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.
