249 Waterloo Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bathurst Manor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66 x 125 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A fantastic opportunity for investors and developers, 66 x 125 lot, perfect for redevelopment or renovation. Charming Bungalow with 3 bedrooms, one 5 Piece bathroom, and a spacious family room. Finished Basement Apartment: Separate entrance, one bedroom, and a 3-piece bathroom, ideal for rental income or guests. Double Car Garage Convenient parking. Located in a sought-after neighborhood with easy access to reputable schools, parks, shopping centers, dining options, and public transportation. The community feel and vibrant atmosphere make it a fantastic place to call home. This property offers a unique opportunity to capitalize on the growing demand for quality housing. With its large lot, rental income potential, and redevelopment flexibility, it's a highly attractive investment. Don't miss out on the chance to transform 249 Waterloo into a modern residence or a profitable project. This is a rare chance to acquire a property with significant development prospects in an ideal location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 249 Waterloo Avenue, Toronto C06, ON M3H 3Z5
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 $1,249,000 in Toronto, the legal minimum down payment is $249,800 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 $21,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,455 also applies, bringing the total estimated land transfer taxes to $42,910.
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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.
