42 Magnolia Avenue, Adjala-Tosorontio, ON
Property no longer active
This property was sold on March 23, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Colgan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 60 x 114.91 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your never-before-lived-in 4-bedroom, 4-full bathroom home, boasting a spacious 3229 sqft detached Bungaloft nestled in the heart of Colgan a prestigious community meticulously crafted by Tribute Communities. This residence promises a pristine and untouched living experience, making it an ideal haven for those seeking a fresh start. Indulge in the remarkable features that define this home as the epitome of contemporary luxury, with $100,000 dedicated to upgrades that truly matter. These enhancements elevate the home to unparalleled heights of sophistication. Noteworthy details include upgraded pot lights throughout the interior and exterior, as well as extensive improvements in the modern two-toned kitchen. The kitchen showcases a stunning waterfall island design, imparting a timeless aesthetic to the open-concept living space. This area faces a bright and impressive family room, complete with a fireplace boasting soaring 19-ft ceilings a combination that creates a grand and inviting atmosphere. Additional significant upgrades include a rough-in gas line for BBQ, a rough-in EV charging system in the garage, and beautiful hardwood flooring throughout the main and second floor. The primary bedroom serves as a luxurious retreat, featuring a stunning 6-piece ensuite bath and walk-in closets, providing a private oasis. The inclusion of a Triple Garage adds a rare and desirable feature, ensuring ample space for your vehicles and storage needs. Don't miss out on the opportunity to be the first owner of this exceptional home in one of Colgan's most sought-after communities. Immerse yourself in the serene elegance of Colgan Crossing, where modern country living seamlessly meets contemporary luxury.
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Property Summary
This detached home located at 42 Magnolia Avenue, Adjala-Tosorontio is currently for sale and has been available on SousaSells for 545 days. This property is listed at $1,699,000 with an estimated mortgage of $5,655* per month. It has 4 beds, 4 bathrooms, and is 3000-3500 square feet. 42 Magnolia Avenue, Adjala-Tosorontio is in the Colgan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 Magnolia Avenue, Adjala-Tosorontio, ON L0G 1W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Adjala-Tosorontio, ON
For a property listed at $1,699,000 in Adjala-Tosorontio, the legal minimum down payment is $339,800 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 $30,455 for this transaction. As this listing is in Adjala-Tosorontio (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,455.
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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.