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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Yorkdale-Glen Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,000 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.
Welcome to 542 Glen Park Avenue a bright, beautifully renovated bungalow in the heart of Yorkdale-Glen Park. Renovated in 2021, the main floor features a sun-filled open concept layout with a modern kitchen complete with stainless steel appliances, quartz countertops, updated flooring, and a stylish bathroom. The spacious lower level offers incredible potential with a large recreation room, open living/dining space, kitchen rough-in, and a separate entrance ideal for a multi-generational unit or in-law suite, future income-generating unit. A rare opportunity awaits in the backyard, where the oversized garage can be transformed into a stunning garden suite (see modernized rendering). Whether you envision a guest house, studio, fitness space, or home office, the possibilities are inspiring. On a 33 x 130 Ft Lot, this charming property is perfect as a starter home, investment opportunity, or a place to build new on a well-loved street. Located minutes from Yorkdale Mall, great schools, parks, TTC, and major highways. An area known for wonderful grocery stores, patisseries and restaurants. A warm, family-friendly community with great walkability and convenience. Don't miss your chance to make this one your own!
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Built-In Oven, Carpet Free, Primary Bedroom - Main Floor, Storage
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This could be the first listing for this address.
Data-driven valuation for 542 Glen Park Avenue, Toronto W04, ON M6B 2G3
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 $949,000 in Toronto, the legal minimum down payment is $69,900 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 $15,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,455 also applies, bringing the total estimated land transfer taxes to $30,910.
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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.