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Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,595,000 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.
Warm and inviting Edwardian home on this tranquil street; the vibrant East Annex's best kept secret. Tastefully renovated throughout and rich in character. A welcoming foyer with gas fireplace leads to the combined living room and dining room, and the modern kitchen with a breakfast bar walks out to the garden. Upstairs is an open concept library and sitting room, as well as a laundry room (was a washroom, plumbing still there to convert back) and primary suite with large spa-like ensuite washroom and walk-in closet. The third floor offers two more bedrooms and a four piece washroom, plus a large sundeck nestled in the treetops. The lower level recreation room with walk-up, bedroom, and kitchenette (also plumbed for laundry) is perfect for multi-generational use or could possibly be rented out. The garden is wonderfully private and low maintenance, flooded in afternoon western light. The two car carport could also be developed into a garage or is permissible for a laneway house. Speak to LA regarding the GFA allowance, Chicora Avenue has an unusual and exceptional zoning that allows for enlarging the footprint of the house.
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Data-driven valuation for 26 Chicora Avenue, Toronto C02, ON M5R 1T6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,595,000 in Toronto, the legal minimum down payment is $519,000 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 $51,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,350 also applies, bringing the total estimated land transfer taxes to $102,700.
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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.