38 Parent Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Downsview-Roding-CFB. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,990 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 700-1100 sqft on a premium 50 x 148 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunity Knocks! Welcome to 38 Parent Ave a charming detached brick 3-bedroom bungalow situated in a rapidly evolving and highly desirable neighbourhood of Toronto. Rare premium 50 ft x 148 ft lot, offering endless potential for builders, investors, renovators, or end users looking to settle in a community on the rise. With many new custom homes already transforming the area, this is a prime opportunity to secure a large parcel in one of Toronto's most promising pockets. The home features a spacious finished basement with a back entrance with direct bsmt access, complete with its own kitchen, bedroom, living area, and 5-piece bathroom ideal for an in-law suite or income potential. The 1.5-car detached garage and long private driveway can easily accommodate up to 4 vehicles, and with a double curb already in place by the city, there's potential to create a double-wide driveway for even more parking convenience. Enjoy a quiet, family-friendly setting just minutes from the new Humber River Hospital, Yorkdale Shopping Centre, Costco, and major highways (400/401) perfect for commuters. Walk to local schools, parks, and TTC, and take advantage of the growing amenities that continue to enhance this thriving community. This property offers exceptional value and opportunity in a neighbourhood with tremendous upside. Don't miss your chance to own a 50x148 ft lot in one of Toronto's great communities 38 Parent Ave is ready for its next chapter!
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Pricing & Value Insights
Data-driven valuation for 38 Parent Avenue, Toronto W05, ON M3M 1Z7
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 $849,990 in Toronto, the legal minimum down payment is $59,999 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.
