Welcome to this remarkable Bungalow detached located in the coveted neighborhood of West Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $800,000 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 11 Melchior Drive, a bright and spacious bungalow offering exceptional value in a wonderful family-friendly neighbourhood. Situated on a generous lot, this lovingly cared-for home has been cherished by the same family for many years and showcases pride of ownership throughout.The main level features an updated kitchen, updated flooring, and a functional layout filled with natural light. The finished lower level offers a separate entrance, above-grade windows, its own kitchen, brand new flooring, fresh paint, and separate laundry, creating excellent flexibility for extended family, multi-generational living, or potential income opportunities.Thoughtfully updated and meticulously maintained over the years, this move-in-ready home offers comfortable living both upstairs and down. Families will appreciate the unbeatable location, just steps from schools, parks, and everyday amenities. Enjoy easy access to the nearby community centre, indoor skating rink, outdoor pool, library, sports fields, playgrounds, and a wide variety of recreational programs for all ages. Whether you're looking for space to grow, room for family, excellent income potential, or simply outstanding value in an established neighbourhood, 11 Melchior Drive presents a rare opportunity to own a versatile and well-cared-for home at an exceptional price point. *Some Photos Are Virtually Staged.
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In-Law Suite, Primary Bedroom - Main Floor, In-Law Capability, Carpet Free
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Data-driven valuation for 11 Melchior Drive, Toronto, ON M1E 3W3
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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 $800,000 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.
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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.