50 Larchmere Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humber Summit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,900 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 140 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rarely available: Detached 2-bedroom bungalow with a Large verandah, single-car garage on a large 50x140 lot, PLUS an additional side piece of land at the back! This property includes 2 full baths, 2 Kitchens, and a separate side door entry. Imagine the possibilities with a lower level that can generate income, making your investment more affordable and accessible. This property has been impeccably maintained, reflecting a commitment to quality and care that truly stands out. Some additional features worth mentioning- The Property has been recently painted throughout. Brand new Doors/Baseboards and Window Blinds throughout. Upper kitchen is equipped with brand new stainless Steel Appliances- Both bedrooms include 2 new custom Armours with B/I shelving and drawers, All of the wood flooring has been repolished, Upper bathroom has a new sink, toilet, and Shower head, New ceramic stairs going to the lower level, Basement features a great room with new laminate flooring, a huge cantina, Newer Updated electrical panel, 2023 Hot Water Tank is owned....This Home is MOVE IN READY!!! Listing includes 5 virtually staged photos. Situated in the highly sought-after Humber Summit neighborhood and conveniently located near shopping centres, parks, schools, major highways and public transit, including TTC routes along Islington and Steeles. Islington provides an express bus service that takes you to the Bloor Subway Station! Great for empty nesters, first-time buyers, or an investment property.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Park, Public Transit, School, School Bus Route
Interior Features
Auto Garage Door Remote, Carpet Free, In-Law Capability, Water Heater Owned
Security Features
Community Features
Location
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 50 Larchmere Avenue, Toronto W05, ON M9L 2N3
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 $949,900 in Toronto, the legal minimum down payment is $69,990 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 $15,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,473 also applies, bringing the total estimated land transfer taxes to $30,946.
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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.
