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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ionview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,258,000 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.
Attention Builders, Contractors and Investors! apply to separate 2 lot now and build to 8-unit (26 rooms)rental apartment.Comply with CMHC mortgage policy.Please see the attached surveys and reference plans. NO TREE. Income Generating Bungalow On A Premium Lot! Updated Kitchen and Floors! Spacious Bedrooms and Separate Entrance For The Basement Apartment! 2 Kitchens! Detached Garage and A Massive Front and Backyard! This Unbeatable Location Has The TTC A Walk Away, Minutes From The Subway and 401! Close To Many Schools, Churches, Hospitals and COSTCO! Amazing Investment Property
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Data-driven valuation for 777 Birchmount Road, Toronto E04, ON M1K 1R7
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 $1,258,000 in Toronto, the legal minimum down payment is $251,600 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 $21,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,635 also applies, bringing the total estimated land transfer taxes to $43,270.
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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.