261 Glebemount Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $999,800 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 700-1100 sqft on a premium 25 x 120 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
YOUR SEARCH ENDS HERE! Introducing 261 Glebemount Avenue! This one-of-a-kind, bright, open, airy home has been loved by the same family for just shy of 30 years. From the moment you walk through the front door you are greeted by stunning high vaulted ceilings and an open concept living & dining room. When you step outside to the backyard, due to the oversized 120 ft lot, you will be very impressed to see a patio with gas bbq hook up and green space (watered by a 2-step timer irrigation system), still allowing room for an 8 by 10 shed with an oversized heated 2 car garage with a powered workshop and custom-built surround sound for family entertainment. Just a short walk from all amenities; the Danforth, Restaurants, top rated Schools, Hospital, Parks, and the subway, you cannot find a better location. The RARELY offered main floor Primary Bedroom offers a complete retreat in the home once the kids go to bed upstairs to their fairytale vaulted ceiling rooms we all wished for as children. The Jack and Jill bathroom upstairs is ideal for the kids to share with complete privacy from the rest of the home. The basement boasts extra living space, an extra bedroom, tons of storage, another full bathroom and hook ups for a kitchen ideal for an in-law suite or basement apartment. You will not be disappointed in any aspect of this home. The love of the current homeowners shows throughout the entire property. This is truly the HONEY STOP THE CAR! Property, where you can own a fully DETACHED home in East York with 4 car parking for less than what most semi-detached properties go for in the area. Please ensure to see Property Feature Sheet to view this home's included value adds! Do not miss out on this one! OFFERS ANYTIME AND PRICED TO SELL!!
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Pricing & Value Insights
Data-driven valuation for 261 Glebemount Avenue, Toronto E03, ON M4C 3T7
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 $999,800 in Toronto, the legal minimum down payment is $74,980 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 $16,471 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,471 also applies, bringing the total estimated land transfer taxes to $32,942.
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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.
