54 McCormack Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Junction Area. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,048,800 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 with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 23.5 x 85.75 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Stunning Home Has Been Thoughtfully Renovated With High-End Finishes And Major Mechanical Upgrades, Ensuring Both Style And Peace Of Mind. Recent Updates Include A New Roof, Upgraded 200-Amp Electrical Service And Wiring, Hot Water Heater, Windows, And Beautifully Landscaped Exteriors, Giving The Property Striking Curb Appeal.The Bright And Airy South-Facing Home Is Bathed In Natural Light, Thanks To Expansive Windows That Bring The Outdoors In. The Gorgeous Second-Floor Owners Suite Is A Private Retreat, Featuring A Stunning Kitchen With Endless Counter Space, Two Spacious Bedrooms, And Ensuite Laundry. Designed For Multi-Generational Living Or Potential Rental Income, With Laundry Access To Both Main Floor And Basement, As Well As Separate Entrances For All Units. A Private Driveway Accommodating Four Cars And A Sunny, Secluded Backyard Provide Both Practicality And Tranquility. Located In An Up-And-Coming Neighbourhood, You're Just Steps From Stock Yards Village And The Future St. Clair - Old Weston GO Station, Offering Seamless Access To Transit, Shopping, And Dining. A Rare Blend Of Elegance, Functionality, And Investment Potential - This Is A Must-See!
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Interior Features
Carpet Free, In-Law Suite, Water Heater Owned
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Property History
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Pricing & Value Insights
Data-driven valuation for 54 McCormack Street, Toronto W02, ON M6N 1X6
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 $1,048,800 in Toronto, the legal minimum down payment is $209,760 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 $17,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,451 also applies, bringing the total estimated land transfer taxes to $34,902.
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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.