246 Prescott Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Weston-Pellam Park. Expertly crafted featuring premium brick and stone 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 25 x 108.5 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover the charm and versatility of 246 Prescott Avenue, a thoughtfully renovated home located in the heart of Torontos Weston-Pellam Park community. This inviting property offers 3 generous bedrooms, 3 beautifully updated bathrooms (all renovated in 2021), and a bright open-concept layout perfect for both relaxing and entertaining. The custom gourmet kitchen is a standout feature, showcasing glass cabinets, natural stone ceramic flooring and backsplash, a large island with granite counters, built-in wine rack, and elegant crown moulding throughout. The basement includes a renovated bedroom suite (2021) with a full bath and separate entrance, offering flexible living space for extended family or guests. Additional highlights include a new furnace (2021), a detached garage that fits 1 car, front drive parking for 2 vehicles, and laneway access that accommodates up to 3 more cars. Located close to parks, schools, transit, and local amenities, this is a fantastic opportunity to own a move-in-ready home in a growing neighbourhood.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 246 Prescott Avenue, Toronto W03, ON M6N 3H1
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 $1,050,000 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.
