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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,098,000 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.
Estate Sale. Built in 1955, this classic brick bungalow blends timeless appeal with an unbeatable location in the sought-after Norseman and Islington community. Occupied by the same family for decades, the home sits on a generous 42 x 137 ft lot, offering both space and privacy . The home features a private driveway, stone porch, three bedrooms, a large backyard and a versatile interior layout ready for your personal touch. This is a rare opportunity to create your dream home in a vibrant, family-friendly neighbourhood. Shopping, schools, community center and transit are all close by.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7 Stockbridge Avenue, Toronto W07, ON M8Z 4M6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,098,000 in Toronto, the legal minimum down payment is $219,600 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 $18,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,435 also applies, bringing the total estimated land transfer taxes to $36,870.
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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.