12 Balcarra Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $2,288,000 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.
- 5 Bedrooms and 3 Bathrooms
- Premium 96 x 200 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A sprawling and captivating 2 storey, cedar dormered, 5 bedroom family home that is graceful and welcoming. Located in the Cliffcrest neighbourhood of the Scarborough Bluffs on a 96 x 200 foot lot with double-wide driveway and 2 car garage with storage. The beautifully laid flagstone walkway leads you to an expansive covered porch ideal for people watching and enjoying a beverage. The large private backyard has a charming patio that is positioned to take in the serene and beautiful view. There is more than enough room to add a pool and the kids can still play soccer. Inside you'll be greeted by a generous sized foyer with a double closet plus elegant millwork and mouldings that continues into the living and dining rooms. The main floor offers the potential for an in-law suite with an existing kitchenette, sitting room, bedroom and separate entry. The eat-in kitchen shares a 2 way gas fireplace with the living room and opens out to the peaceful backyard. The oak staircase that leads to the 2nd floor is punctuated with a grand window framed with stunning oak millwork. Second floor has four large bedrooms with double closets plus a laundry room. * View Virtual Tour / Multimedia.*
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Pricing & Value Insights
Data-driven valuation for 12 Balcarra Avenue, Toronto E08, ON M1M 1G9
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 $2,288,000 in Toronto, the legal minimum down payment is $457,600 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 $43,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,675 also applies, bringing the total estimated land transfer taxes to $87,350.
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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.
