48 Parkway Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,649,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 25 x 169.5 ft lot
- Features a partially finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Attention Builders, Renovators and Contractors! This large 3 storey home with ample space and tons of potential could be your next big project. Located in the highly coveted Roncesvalles neighbourhood on a quiet, tree-lined street, with High Park, boutique shops and cafes, breweries, and the new arts district on Sterling Ave. within minutes' walk. Extra deep lot with the potential to build a laneway home of nearly maximum allowable size. TTC options abound, with Dundas/College and Roncesvalles streetcars, Dundas West TTC station, and UP Express all nearby. Two kitchens and five bedrooms(!) allow for multiple different configurations, while quiet backyard features large deck and garden. Separate side entrance to basement.
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Key Features
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Property Details
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Features
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Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 48 Parkway Avenue, Toronto W01, ON M6R 1T5
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 $1,649,000 in Toronto, the legal minimum down payment is $329,800 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 $29,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,455 also applies, bringing the total estimated land transfer taxes to $58,910.
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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.
