53 Johnston Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,400,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40 x 130 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- Efficient water heating via gas
Description
House For Sale or Trade... Prime Location!!An incredible opportunity in one of the most sought-after pockets of the city, surrounded by multi-million-dollar custom homes. Nestled on a wonderful street with an extra-deep 40 x 130 ft lot, this property is just steps to Yonge Street, Sheppard Subway, GO Transit, shops, restaurants, and endless amenities. This spacious 2-storey home with great potential offers the perfect canvas for investors, builders, or creative homeowners looking to transform it into their dream residence. Whether you choose to renovate, update, or design a brand-new custom build, the possibilities here are endless. A rare find in such a prime location this property combines convenience, charm, and opportunity all in one package!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 53 Johnston Avenue, Toronto C07, ON M2N 1G9
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 $1,400,000 in Toronto, the legal minimum down payment is $280,000 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 $24,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,475 also applies, bringing the total estimated land transfer taxes to $48,950.
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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.
