61 Seventh Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,900 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 25 x 123 ft lot
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Introducing a meticulously renovated 2.5-story custom-built home walking distance to the lake! Boasting 3+1 beds (+loft)& 4 baths, this home has been thoughtfully revamped from the studs in, while preserving its timeless exterior appeal. Spanning over 2500 sf of liveable space, the main floor is prime for family living with an open-concept layout merging a spacious living area with a chef's dream kitchen. Step out onto the covered deck, overlooking a private yard perfect for entertaining or family gatherings. Upstairs, 3 expansive bedrooms await, incl. a lavish primary suite w/ vaulted ceilings, dual walk-in closets, spa-like ensuite, and a balcony with tranquil views. Discover the versatile upper loft, adaptable to your lifestyle needs. The basement, with separate entrance and roughed-in plumbing, offers endless possibilities for a rental suite, extra living space, or cozy nanny quarters. Don't miss out on owning this fully renovated gem in a prime location tailored for modern living!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Lake Access, Library, Park, Marina, Public Transit
Interior Features
None
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61 Seventh Street, Toronto W06, ON M8V 3B3
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 $1,599,900 in Toronto, the legal minimum down payment is $319,980 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 $28,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,473 also applies, bringing the total estimated land transfer taxes to $56,946.
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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.