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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $875,000 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.
Charming Cliffcrest bungalow on a premium lot! Nestled in the sought-after Upper Bluffs community, this prime detached home sits on a generous 40 x 133 ft lot, offering endless potential for end-users, investors, or builders. Featuring a functional open-concept living and dining area and a separate entrance to the basement, this home provides incredible versatility. The spacious backyard is perfect for entertaining, summer BBQs, and creating your own outdoor oasis. Move in or customize to suit your style! Enjoy the convenience of being close to lake views, nature trails, marinas, beaches, top-rated schools (St. Agatha CS, Fairmount PS, Cardinal Newman Catholic HS, R.H. King Academy HS), as well as transit (TTC & GO), shopping, and much more! Don't miss this fantastic opportunity to own in one of Scarborough's most desirable neighbourhoods!
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Data-driven valuation for 12 Harewood Avenue, Toronto E08, ON M1M 2R2
Based on 0 recent similar sales in the pocket.
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 $875,000 in Toronto, the legal minimum down payment is $62,500 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 $13,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,975 also applies, bringing the total estimated land transfer taxes to $27,950.
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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.