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5 LAXIS AVENUE, Toronto (Mount Dennis) — listed at $719,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Turn-key and full of potential, this bright, move-in-ready home sits on a rare wide-frontage lot tucked away on a quiet street in one of Toronto's most connected and up-and-coming neighbourhoods. The open-concept main floor offers spacious living spaces, updated vinyl flooring, a fireplace, and a kitchen with a walkout to the backyard. Newer major mechanical upgrades provide peace of mind, while the large full-sized basement with a separate walk-up entrance and kitchen rough-in opens the door to potential rental income or multi-generational living. An expansive private driveway accommodates ample parking. Ideally situated within walking distance to the Mount Dennis LRT and GO/UP Express stations, offering exceptional transit connectivity with multiple TTC bus routes nearby. This prime location is just minutes from parks, schools, shopping, and a wide range of amenities, making it an ideal choice for both families and commuters. Preliminary Multiplex & Garden Suite Report Available. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.42 x 2.76 meters |
| Living room | Main level | 3.61 x 3.36 meters |
| Dining room | Main level | 3.2 x 2.56 meters |
| Primary Bedroom | Main level | 2.9 x 2.6 meters |
| Bedroom 2 | Main level | 2.94 x 2.8 meters |
| Recreational, Games room | Basement | — |
| Laundry room | Basement | — |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Mount Dennis) before counting on it.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,984.84, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 3 spaces — No Garage.
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