The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Fantastic Opportunity on a 50' x 119' Lot in Toronto! Welcome to this well-maintained 3-bedroom, 2-bathroom detached bungalow offering excellent potential for first-time homebuyers, downsizers, investors and builders.Situated on a generous lot with a beautiful backyard oasis, this property offers a wonderful opportunity to live,renovate, build or invest. The main floor features a ceramic-tiled kitchen with granite countertops, tile backsplash,double sink and pantry, combined with the dining area for a practical everyday layout. The open-concept living/dining room features hardwood flooring and California shutters. All three bedrooms are located on the main floor and feature hardwood flooring, with two linen closets and a 4-piece bathroom completing the level. The finished basement adds exceptional versatility and functionality. The spacious family/rec room, with a working gas fireplace,can easily serve as a recreation room, home office, gym or even an additional bedroom. Includes two separate entrances. The basement also includes a 3-piece bathroom and laundry room with ceramic flooring, sink, washer,dryer and storage wardrobe, plus a convenient cold cellar. The backyard features a lovely garden, mature trees,porch and a peaceful, nature-filled setting. The property also offers a detached garage and a large driveway accommodating up to five vehicles. Existing security system can be continued by the next owner. Whether you're looking for your first home, planning to downsize, seeking an investment property or exploring future redevelopment possibilities, this 50' x 119' lot offers plenty of opportunity in Toronto.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,952/mo
Mortgage (principal + interest)$3,550
Property taxFrom listing: $4,826/yr$402
Minimum $69,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$189,800
Ontario land transfer taxProvincial brackets, no first-time refund$15,455
Toronto land transfer taxMunicipal brackets, no first-time refund$15,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$223,510
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
