119 Preston Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,589,000 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 5 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 25 x 150 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
West-Facing Custom Built Home in Charming Birch Cliff Heights on a Quiet Family-Friendly Street! Boasting 3000sf of Living Space across three levels! Breath-taking Open Concept Main Floor Offers 12-foot Coffered Ceiling, Fireplace in Family Room and Floor-to-Ceiling Windows; Walk-Out to Double-Deck, Very Deep Backyard With Lots of Potential! Modern Kitchen With Waterfall Island, Gas Cooktop & High-end Appliances! 4 Bedrooms and 3 bath on the 2nd floor with Magnificent Skylights & Laundry Room! Primary Bedroom offers Fireplace, Walk-in Closet, Luxurious Freestanding Soaker Tub & Double Vanity Sinks! Spacious Basement Offers Wet-Bar, 3-piece Bathroom, 200AMP Electrical and an Additional Laundry Room! Walkable to the Beach, Minutes to Scarborough Go, Warden Subway Station, the Bluffs, Variety Village, schools and more! **EXTRAS** Gas cooktop, Fridge, Dishwasher, Rangehood, Microwave, Laundry washer & Dryer, All Elfs & Window Coverings, Hot water tank owned; Builder Offers 12-month Warranty
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Pricing & Value Insights
Data-driven valuation for 119 Preston Street, Toronto E06, ON M1N 3N4
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 $1,589,000 in Toronto, the legal minimum down payment is $317,800 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 $28,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,255 also applies, bringing the total estimated land transfer taxes to $56,510.
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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.
