386 Westmoreland Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,298,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 22.5 x 126 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Storage, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This wonderful fully detached property sits on a generous 22.5 x 126 ft lot in the vibrant Dovercourt Neighborhood. Currently offering two bright and spacious units with an excellent floorplan and updated finishes throughout. The main floor boasts two entrances, including a separate side entrance, a beautiful open concept living/dining with hardwood floors, high ceilings and lots of natural light. Large custom eat-in kitchen with stainless steel appliances. Two wonderful size bedrooms with hardwood floors. Separate laundry and a 4 piece bathroom. The basement is just as impressive offering a separate entrance, open concept kitchen and living area with large island for seating and storage, 2 bedrooms, Separate Laundry and a 4 piece bathroom. Great size backyard with plenty of room to entertain and for the kids to play. Laneway access allowing for two car parking or potential to build a double car garage. This property can continue being used as an ideal investment property or can become your forever family home with potential in-law suite. The large lot size also allows for incredible opportunities and potential for future growth and creative development & expansion. A laneway / multiplex report is available on request, this report outlines the many possibilities for the property, including a multi level multiplex and the possible potential to build a two storey laneway house, offering a tremendous ROI & substantial long term upside. *Buyer to do their own due-diligence* 386 Westmoreland Ave North offers an urban lifestyle that is steps to the trendy Geary Ave, bakeries, top rated restaurants, shops, schools, library, playgrounds, Earlscourt Park, close distance to Ttc, Bloor Subway, GO & UP Express. Amazing, family friendly Street, very quiet with a great sense of community and many young professionals moving in!
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Parking & Garage
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Storage, Primary Bedroom - Main Floor
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 386 Westmoreland Avenue N, Toronto W02, ON M6H 3A7
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 $1,298,000 in Toronto, the legal minimum down payment is $259,600 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 $22,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,435 also applies, bringing the total estimated land transfer taxes to $44,870.
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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.
