56 Drayton Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,999 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 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 16.83 x 93 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Suite, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 56 Drayton Ave where style meets location. Step into sleek city living just steps from the Danforth in this beautifully renovated 3+1 bedroom, 3-bath gem. With its exposed brick feature wall and glass-railed staircase, this home makes a serious first impression.The open-concept main floor is made for entertaining. The chef's kitchen is both stunning and functional with tons of counter space and a clean, modern vibe. Whether you're hosting wine-tasting in the front living area or having cozy dinners in the back dining room (which could easily double as a family room with a walkout to a composite deck), there's space for everyone to feel right at home. Upstairs you'll find three bright bedrooms, including a 3-pc ensuite in the primary bedroom while the finished basement offers a great flex-space for movie nights, guests or a nanny/in-law suite with a separate entrance. Parking for two and a private backyard mean your city home actually comes with room to breathe. All of this in a community known for its friendly neighbours, tree-lined streets, and unbeatable access to the subway, shops, and some of the best east-end eats around.
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In-Law Suite, On Demand Water Heater
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 56 Drayton Avenue, Toronto E02, ON M4C 3L9
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 $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.
