553 Donlands Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,000 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.
- 5 Bedrooms and 4 Bathrooms
- Premium 36.78 x 84.04 ft lot size
- Features a partially finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via gas
Description
Available For First Time! Fabulous Opportunity To Own A Wide Detached 4+1 Bedroom, 3.5 Bathroom, 2-Storey Home, Situated On A Serene Ravine Lot At The Top Of Donlands Avenue, In The Sough-After East York. This Property Offers Great Potential To Be Transformed Into Your Dream Home. It Features A Generous Layout, With The Main Floor Including A Living Room With A Wood-Burning Fireplace, A Separate Dining Room, One Bedroom, A Powder Room, A Kitchen, And A Convenient Walk-Out To Rear-Yard. The Upper Level Offers A Primary Bedroom With A 3pc Ensuite Bath And Two Closets, Two More Spacious Bedrooms With Closets And A 4pc Bathroom. The Basement, With Its Own Separate Entrance, Offers A Generous Space With One Extra Bedroom With A 3-Piece Bathroom, A Rec Room, A Large Family Room With A A Wood-Burning Fireplace, Laundry Room, A Utility Room, And Ample Storage. Don't Miss This Fantastic Opportunity To Renovate And Personalize At Your Own Taste This Home Nestled In A Family-Friendly Neighborhood, Conveniently Located And Close To DVP, TTC, Trials, Schools, Parks.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 553 Donlands Avenue, Toronto E03, ON M4J 3S4
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 $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.
