Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,998 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.
Welcome to 31A Laurel Ave - a fully renovated, top-to-bottom transformation offering the rare combination of modern luxury and true income potential, all backed by permits.This legal two-unit property has been rebuilt with quality and functionality in mind. The upper level offers a bright, open-concept layout with 3 spacious bedrooms and 2 full bathrooms, featuring sleek glass showers and contemporary finishes throughout. Downstairs, a legal basement apartment with its own separate entrance delivers 2 bedrooms and 1 full bathroom, ideal for extended family, an in-law suite, or a reliable rental income stream.Both levels come complete with their own set of stainless steel appliances, making this a true move-in-ready, self-sufficient duplex from day one. A 200-amp electrical service ensures the home is equipped to handle modern living demands for both units with room to spare.Step outside to a generously sized yard - perfect for entertaining, gardening, or simply unwinding after a long day.Location seals the deal: this home sits just steps from the GO Station and minutes to Kennedy Subway, with easy access to parks, schools, and everyday amenities - a commuter's dream and a magnet for future tenants alike.Whether you're a homeowner looking for space and flexibility, or an investor hunting for a property with immediate income potential and long-term upside, 31A Laurel Ave checks every box.Please note: select photos have been virtually staged to showcase the home's full potential.
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This detached home located at 31A Laurel Avenue, Toronto is currently for sale and has been available on SousaSells for 6 days. This property is listed at $799,998 with an estimated mortgage of $2,663* per month. It has 5 beds, 3 bathrooms, and is 700-1100 square feet. 31A Laurel Avenue, Toronto is in the Kennedy Park neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kennedy Park, Toronto.
Growing families needing multi-bedroom flexibility and space in Kennedy Park, Toronto.
None listed
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The current listing price for 31A Laurel Avenue, Toronto, ON in Kennedy Park, Toronto is $799,998.
This property features 5 bedrooms and 3 bathrooms across approximately 700-1100 sqft.
31A Laurel Avenue, Toronto, ON is a Detached (Bungalow) featuring a Separate Entrance, Apartment basement.
Key property features include: Fenced Yard, Public Transit, School Bus Route, School, Park, Hospital.
Interior highlights include: Guest Accommodations, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater.
Yes, this property offers parking space for 4.0 vehicles (None).
Heating is provided via Gas and cooling via Central Air.
Kennedy Park, Toronto
271 assaults (1425.0/100k)
30 B&E (157.8/100k)
48 thefts (252.4/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 31A Laurel Avenue, Toronto, ON M1K 3J3
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 $799,998 in Toronto, the legal minimum down payment is $55,000 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 $12,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,475 also applies, bringing the total estimated land transfer taxes to $24,950.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Kennedy Park, Toronto.
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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.
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