47 Grange Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,888 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.
- 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 14.74 x 56.5 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime Downtown Location! This recently renovated and modernized home features a brand-new kitchen, an open-concept design, and an abundance of natural light. Enjoy breathtaking views of Toronto's skyline and the CN Tower from the private terrace. Offering 6 spacious bedrooms and 5 bathrooms, including a main-level bedroom with an ensuite perfect for multi-generational living. With two kitchens, this home provides ample space for a large family or an excellent investment opportunity with rental potential. Nestled steps to Chinatown, just steps from U of T, OCAD, AGO, Kensington Market, world-renowned hospitals, TTC, supermarkets, banks, clinics, shops, and top-rated restaurants. Experience the best of urban living with a Walk Score of 99 and perfect 100 scores for both bike and transit access! Street car parking permit available for $22.19/month.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Grange Avenue, Toronto C01, ON M5T 1C6
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 $998,888 in Toronto, the legal minimum down payment is $74,889 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 $16,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,453 also applies, bringing the total estimated land transfer taxes to $32,906.
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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.
