Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $810,000 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.
Welcome to 106 Flora Drive A Home Youll Never Outgrow. This rare oversized corner lot in one of Scarboroughs most connected and family-friendly neighborhoods offers the perfect balance of space, privacy, and possibility. With its wide frontage, deep lot, and private backyard, this property is more than just a house its the foundation for your forever home. Whether you're dreaming of adding a second storey, building a backyard garden suite, or designing a custom home that fits your growing family, the options here are endless. The expansive lot, combined with a peaceful fenced backyard, provides the ideal canvas for outdoor living, entertaining, and future development all while maintaining your privacy. Already featuring a functional multi-unit setup with private entrances, this property also delivers immediate income potential from reliable tenants. Its the perfect blend of move-in comfort and long-term flexibility, allowing you to live, earn, and expand on your own timeline. Located just minutes from Kennedy Station, the future Eglinton Crosstown LRT, and Highway 401, this home offers effortless access across Toronto and the GTA. Surrounded by schools, parks, and shopping, its perfectly positioned for both family living and rental demand.With its land, layout, and location, 106 Flora Drive stands out as a once-in-a-generation opportunity a property that grows with you and pays you back. Highlights:Oversized corner lot with private, fenced backyardRoom to add a second storey, garden suite, or multi-unit buildMulti-unit setup with strong rental income potentialSteps to Kennedy Station & future Eglinton LRT lineClose to schools, parks, and shopping106 Flora Drive A Forever Home Youll Never Outgrow.
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Data-driven valuation for 106 FLORA Drive, Toronto E04, ON M1P 1A8
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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 $810,000 in Toronto, the legal minimum down payment is $56,000 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 $12,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,675 also applies, bringing the total estimated land transfer taxes to $25,350.
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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.