118 Phillip Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,100,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 125 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 118 Phillip Ave., (Scarborough). As you enter this oversized, impeccable and well maintained 3 bedrooms, and main floor Family Room home, you will find a renovated open concept Kitchen/Living/Dining room featuring a centre island, double sink, a slick Moen arch faucet, engineered wood flooring, pot lights, easterly exposure picture window overlooking an exceptional curb appeal. The thru-hall leads to 3 spacious bedrooms, renovated 1-4pc bath, large Family Room with a walk-out to a large deck, fully fenced, picturesque and meticulously kept backyard for your enjoyment & large gatherings. Separate side entrance leads to a professionally finished basement featuring a rare find (2) large bedroom "In-Law Suite", 1-4 pc bath, a spacious recreational room with an electric built-in fireplace, an oversized family kitchen and a separate laundry room. **Near by Schools, TTC, "GO" Train, Parks, and short distance to the Bluffs <> Don't miss out on this great opportunity! <> Pride of Ownership <> Move in and enjoy to the fullest!
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Pricing & Value Insights
Data-driven valuation for 118 Phillip Avenue, Toronto E06, ON M1N 3R4
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 $1,100,900 in Toronto, the legal minimum down payment is $220,180 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 $18,493 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,493 also applies, bringing the total estimated land transfer taxes to $36,986.
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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.
