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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Tam O'Shanter-Sullivan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $948,800 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.
This lovely 3 bedroom, 2 bathroom raised bungalow has been cherished by it's original owner since 1960, holding a lifetime of wonderful memories. Nestled on a fully fenced lot, this home is ideally located within walking distance of transit, schools and just minutes from Hwy 401. The property features a separate side entrance to the basement, offering the potential to create an ideal in-law suite. The home is well-maintained with updates including Roof shingles 2020, Furnace 2009, Central Air Conditioner 2020. It is also equipped with a back-up generator for added security and convenience. A standout feature is the walk-out from the 3rd bedroom to a spacious 20x20 deck, perfect for entertaining and relaxing outdoors. The custom-made shed provides ample storage for your gardening tools. Inside the home you'll find original hardwood floors hidden beneath the broadloom and a finished basement all awaiting your personal touch to bring it up to modern standards.
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Floor Drain, Primary Bedroom - Main Floor, Water Heater, Workbench
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This could be the first listing for this address.
Data-driven valuation for 73 Araman Drive, Toronto E05, ON M1T 2P7
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 $948,800 in Toronto, the legal minimum down payment is $69,880 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 $15,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,451 also applies, bringing the total estimated land transfer taxes to $30,902.
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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.