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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium brick and brick front construction, this residence presents an exceptional opportunity offered at $849,000 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.
Rare offering in the heart of Torontos vibrant Oakridge neighbourhood. This fully detached, solid all-brick home stands out in the area, built in 1985 significantly newer than most of the surrounding homes. Loved by the same family for over 20 years, this spacious and versatile home offers comfort & function all in a walkable, transit-friendly location. The main floor features a generously sized eat-in kitchen perfect for family meals, and an oversized living and dining area ideal for hosting large gatherings. From the living room, step out onto a large private deck with open views: an excellent space for entertaining or enjoying evenings. The open vista in the back means the yard gets plenty of sun, making it ideal for gardening or growing your own vegetables. A convenient main floor powder room adds to the home's practical layout. Upstairs, you'll find three large, well-proportioned bedrooms, including a spacious principal bedroom with ample natural light. The fully finished basement expands your living space even further, offering three additional bedrooms, a full bathroom, and a kitchen making it ideal for multi-generational families /in-law suite. The basement is currently tenanted, generating approximately $2,000 per month of extra income. With over 1,400 square feet above grade (plus the basement), a private driveway, and a full garage, there's plenty of room. Located just a three-minute walk from the subway and boasting a Walk Score of 85 and Transit Score of 92, the home offers unbeatable convenience. Daily errands, grocery shopping, and access to Danforth shops are all within easy reach. Surrounded by nearby parks, including Taylor Creek Park with its scenic bike and walking trails, this location is perfect for enjoying the outdoors. This home is a practical choice for those seeking space, location, and long-term value in a well-connected Toronto community.
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Data-driven valuation for 46 Albion Avenue, Toronto E06, ON M1L 1J6
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 $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.