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Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Weston-Pellam Park. Expertly crafted featuring premium brick 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.
Welcome to this Fabulous Home which showcases true pride of ownership throughout! Built in 2002 to last, with craftsmanship and style seldom seen in modern home construction. The upgraded custom kitchen features built-in appliances, ceramic backsplash, a large centre island, and upgraded granite countertops. The main floor with 9' ceilings offers hardwood and ceramic flooring, an open-concept living/dining area, including a main floor laundry and a convenient powder room. Upstairs, enjoy three spacious bedrooms, including a primary with a 4-piece ensuite, a main bathroom, and a skylight that fills the home with natural light. The finished basement with separate entrance includes two bedrooms, a full kitchen, living/dining area, separate laundry room, and a 4-piece bathroom ideal as a nanny suite, in-law suite, or private apartment (offering potential rental income of at least $2400). Complete with a detached double car garage, this home is move-in ready and perfect for families or investors. Tucked away in a quiet pocket yet still extremely convenient neighbourhood in mid-town Toronto, close to The Stockyards, The Junction & Corso Italia neighbourhoods along with upcoming Go train station. Pre-Inspection report available upon request!
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In-Law Suite
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Data-driven valuation for 45 Algarve Crescent, Toronto W03, ON M6N 5E7
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.