705 Mortimer Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 19.4 x 103 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Offers anytime! Charming 1+2 bedroom bungalow in sought-after Danforth Village-East York! A perfect condo alternative featuring hardwood floors in the living area and main-floor primary bedroom. Enjoy an updated kitchen and bath, with an open-concept design and skylight that fills the space with natural light. The bright back den offers a walkout to a private garden and a large 10' x 20' workshop/shed- ideal for hobbyists or extra storage. Freshly painted with numerous updates including new A/C (2024), owned hot water tank (2020), windows (2018), and roof (2017). The spacious backyard offers great potential for a future auxiliary unit. Conveniently located near Danforth shops, restaurants, Taylor Creek trails, and transit - walk to the subway or catch one of two nearby bus routes.
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Interior Features
Primary Bedroom - Main Floor
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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 705 Mortimer Avenue, Toronto E03, ON M4C 2K1
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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.
