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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,285,000 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.
A rare opportunity on coveted Rushton Road, this property offers exceptional flexibility and undeniable upside in one of Toronto's most desirable neighborhoods. This solid home is brimming with potential - ideal for a sophisticated single-family renovation or a new build that fully capitalizes on the street's established value. The existing layout features expansive principal rooms, a generous eat-in kitchen, and a rear addition that can be seamlessly transformed into a bright, inviting family room. Two well-proportioned bedrooms along with a charming office nook illuminated by a skylight that's an inspiring work-from-home space, offering a bright alternative to a typical basement setup. The lower level provides impressive versatility, with a large, open media room, an additional bedroom, and a full suite of amenities including a kitchen, bathroom, laundry, and ample storage - perfect for in-law suite or income-generating rental. The private yard offers an ideal setting for family play or effortless entertaining. Just steps to transit, Cedarvale Ravine, St. Clair West, Wychwood Barns, Humewood PS and an array of local shops and dining. Whether you envision renovating, reimagining, or building new, this is a property that delivers lasting value and remarkable opportunity.
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In-Law Capability
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Data-driven valuation for 519 Rushton Road, Toronto C03, ON M6C 2Y6
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 $1,285,000 in Toronto, the legal minimum down payment is $257,000 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 $22,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,175 also applies, bringing the total estimated land transfer taxes to $44,350.
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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.