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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
Cozy bungalow nestled in between two LUXURY CUSTOM HOMES in the heart of North York. The BESTBLOCK of one of the most quiet and PRESTIGOUS streets, surrounded by custom homes. SOUTH side, NO sidewalk, with MATURE TREES all around but not in the way of the new home. Occupied only by original owner, this home is neat and well maintained. Carpets were professionally cleaned. Recent windows, screen door, and downspouts. A/C and Modern furnace. Separate side entrance to the basement. Whether you're looking to get in this prestigious neigbourhood or invest, it's a hidden gem, first time on the market. Very private, flat, and clear backyard is a blank canvas, backing onto Caines Ave and another custom home. Connaught is not a through street, with no traffic at any time of day. Steps to bus stop on Cactus, one bus or short walk to Finch subway. Short walk to city life at Yonge and Finch, the North York downtown, boasting with restaurants, grocery stores, shopping, and entertainment.
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Data-driven valuation for 317 Connaught Avenue, Toronto C07, ON M2R 2M1
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.