242 Olive Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium stucco (plaster) and other construction, this residence presents an exceptional opportunity offered at $1,698,000 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 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 43 x 161 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Bar Fridge, Carpet Free, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Desirable Willowdale East *Mins Walk To TTC *Gorgeous Renovated & Updgraed Bungalow Nestled On A 160 ft Deep Treed Lot *Pets Free Owner Occupied Home, Pride Of Ownership *Over Half A Million Spent On Renovations(With Building Permits) & Upgrades since 2012: *New Detach Tandem(Parks 2 Cars) Garage W/Storage *Extra Long Private Driveway Can Park 5-6 Cars *New Stucco Exterior Walls *New Roof Structure * Extended 10 Ft High Smooth Ceiling On Main Floor *2 Skylights *Addition On Main Floor(Dining Area) & Basement(Rear Bedroom) *Four Seasons Sunroom Addition W/Fireplace, Individual Air Conditioner, B/I Sitting Bench W/Storage, Walk Out To Sun Deck *Custom Built Front Porch *Professional Landscaping Front & Back W/Interlocking Patio, Water fountain *New Casement Windows *New Electric Wirings & Water Pipings *New Doors *New Floorings *Custom European Kitchen W/Tons Of Pull Out Drawers, Extended Height Cabinets, Breakfast Counter, Centre Island, Under Cabinet Lightings *B/I Wall Storage Cabinets *All Renovated Bathrooms W/Floor To Ceiling Tiles, Spa like Bathtub W/Mini Jets, Custom B/I Cabinets & Upgraded Faucets *Tons Of Storage Spaces T/out *Long Long Lists Of Upgrades & Extras *Only Good Material Used *Must Be Seen To Appreciate
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Public Transit, Place Of Worship, Rec./Commun.Centre
Interior Features
Bar Fridge, Carpet Free, Central Vacuum, Countertop Range, In-Law Suite, Primary Bedroom - Main Floor, Storage, Water Heater Owned, Water Purifier, Water Softener
Security Features
Alarm System
Community Features
Location
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 242 Olive Avenue, Toronto C14, ON M2N 4P6
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 $1,698,000 in Toronto, the legal minimum down payment is $339,600 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 $30,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,435 also applies, bringing the total estimated land transfer taxes to $60,870.
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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.
