116 Burnt Bark Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Steeles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,188,000 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.
- 7 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 29.52 x 98.42 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Gorgeous & Bright Double Garage Home nestled in one of the areas most desirable communities. High Ranking Dr.Norman Bethune Collegiate Institute HS and Kennedy Public school zone. Engineered Floor Throughout. Modern Light Fixtures & Pot Lights, Upgraded Washrooms. Open Concept Kitchen With Breakfast Area, Central Island, Elegant Cabinet, Stainless Steel Appliances, perfect for everyday living and entertaining. 4 Spacious Bedrooms On 2nd Floor. Finished Basement with 3 bedrooms, Great Recreation Area for Family with Separate Entrance and Potential Rental Income. Ideally located just minutes from Hwy 404, Pacific Mall, supermarkets, parks, and all essential amenities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 116 Burnt Bark Drive, Toronto E05, ON M1V 3J8
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 Toronto, ON
For a property listed at $1,188,000 in Toronto, the legal minimum down payment is $237,600 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 $20,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,235 also applies, bringing the total estimated land transfer taxes to $40,470.
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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.
