605 Craven Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Greenwood-Coxwell. Expertly crafted featuring premium hardboard and board & batten 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 19.83 x 73 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Tucked away on the historic Craven Road, this charming detached raised bungalow offers the perfect blend of character, functionality, and urban convenience. With 1,469 sq. ft. of total living space, this thoughtfully designed home features 2 bedrooms and 1 bathroom, ideal for first-time buyers, professionals, young families, or those looking to downsize without compromise. The bright walkout basement fills the lower level with natural light, creating a comfortable and versatile living space rarely found in homes of this style. Inside, you'll discover an inviting layout with abundant storage throughout and a dedicated home office framed by wraparound windows - an inspiring space for remote work or creative pursuits. Step outside to enjoy the private, intimate backyard, a quiet retreat perfect for relaxing and entertaining. The outdoor space is complemented by a BBQ gas connection and a large, newly built storage shed, offering excellent functionality while maintaining the property's low-maintenance lifestyle. From the moment you arrive, the home's welcoming curb appeal and charming presence set the tone for what awaits inside. Ideally located just moments from local shops, restaurants, transit, and schools, this home places everyday convenience right at your doorstep while preserving the peaceful character of one of Toronto's most unique historic streets. A true hidden gem in the city - this is one you won't want to miss.
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Pricing & Value Insights
Data-driven valuation for 605 Craven Road, Toronto E01, ON M4L 2Z6
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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.
