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Welcome to this remarkable 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 $1,298,000 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.
Just steps to the Lake - this simply delightful, recently renovated home offers turn-key living, stylish updates & modern decor! This captivating, 3-bedroom, 2-bathroom home is literally a stone's throw from the Lake; it is the 1st house from Lake Shore Dr, the Waterfront Trail, and lakeside Cliff Lumsden Park with spectacular sunrises and panoramic views of Toronto's skyline. Imagine the joy of walking the dog, feeding the ducks, skipping pebbles and seeing sailboats coasting by while strolling, cycling or jogging along the Waterfront Trail! The open-concept main floor was renovated in 2022 and is a bright, open-concept living space that is perfect for everyday family living and entertaining alike. The gorgeous, well-appointed chef's kitchen offers an abundance of timeless shaker-style cabinets, loads of counter space, a large island complete with a wine fridge and a walk-out to a sunny, west-facing backyard with an impressive, 2-level deck and Jacuzzi hot tub. It is a perfect place for BBQing with family and friends! The 2nd floor is freshly painted in Cloud White by Benjamin Moore and enjoys 3 comfortable bedrooms, including a 'King-sized' primary bedroom with wall-to-wall closets. The exquisite 5-piece bathroom offers a separate bathtub, shower and double sinks. The lower level was refreshed in 2024 and enjoys a fitness area with laundry closet, a cozy rec room, a home office nook, a 4-piece bath, a utility room and storage. Best of all, the basement has soaring 8-foot ceilings. Additional updates also include front yard hardscaping with inlaid pavers ('24); resurfaced private driveway ('22), re-shingled roof ('20), new front porch & a refreshed 2-tiered back deck. Steps to schools, pools, shopping & public transit. And, it's just a short commute downtown. Dreaming of living near the lake? Dream no longer! Now you too can enjoy the excitement of Life-by-the-Lake!
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Fenced Yard, Lake/Pond, Marina, Park, Public Transit, School
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Seventh Street, Toronto W06, ON M8V 3B1
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 $1,298,000 in Toronto, the legal minimum down payment is $259,600 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 $22,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,435 also applies, bringing the total estimated land transfer taxes to $44,870.
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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.