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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,319,000 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.
Opportunity awaits within this charming bungalow located on a sprawling 40x122 ft lot. Nestled within the family-friendly Newtonbrook East neighbourhood, just steps from great schools and the convenience of Yonge St. 37 Madawaska Ave is brimming with opportunities to renovate to your taste, invest, or build your dream home! Boasting a spacious open-concept living and dining area with large windows and adorned with elegant crown moulding, offering a perfect foundation for modern updates. The spacious kitchen is equipped with ample counter space and cabinetry, and an eat-in breakfast area to enjoy family meals. Three generously sized bedrooms, all with closets and hardwood floors, a full four-piece bathroom, and two linen closets complete the main floor. The full-sized, partially finished basement offers a separate entrance and ample space to personalize and create additional living areas. Create a large family room, in-law suite, and more storage solutions! A spacious backyard with ample green space and a detached garage in addition to the 4-car driveway. Located just minutes from all the amenities you need, from shopping and transit to community centres and park. Whether you're looking to renovate and make it your own or build your dream home, this property is calling you home!
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Public Transit, School, Rec./Commun.Centre, Park, Library, Arts Centre
Primary Bedroom - Main Floor, Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 37 Madawaska Avenue, Toronto C14, ON M2M 2R1
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 $1,319,000 in Toronto, the legal minimum down payment is $263,800 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 $22,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,855 also applies, bringing the total estimated land transfer taxes to $45,710.
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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.