56 Genthorn Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $874,900 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 45 x 112 ft lot
- Features a finished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This is the backsplit you have been waiting for, it is flooded with natural light, updated and ready to move in. Enter into a rare foyer with a big closet, features 3 spacious bedrooms and a beautiful updated bathroom on the 2nd floor plus an additional bedroom on the main floor that can also make a great office. The eat-in-sized kitchen has solid wood cabinets, and additional storage in the pantry. The basement has endless storage in the crawl space, a big finished rec room and a 1/2 bathroom that you could easily make your own. Sit in the backyard, under your gazebo and enjoy the peaceful backyard; everything will be lush and green in just a few weeks! Easy access to shopping, library, parks, schools, and highways, only 5min drive to the Go Train.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 56 Genthorn Avenue, Toronto W10, ON M9W 2S9
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 $874,900 in Toronto, the legal minimum down payment is $62,490 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 $13,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,973 also applies, bringing the total estimated land transfer taxes to $27,946.
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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.
