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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Don Valley Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,375,000 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.
Welcome home to this amazing bungalow with a rare double garage on a large, manicured lot in prestigious 'Oriole Gate' * Separate entrance to huge basement with kitchen, bathroom and above ground windows and excellent in-law suite potential * Gorgeous, private backyard with patio and walk-out from the second bedroom * Secluded side courtyard * Excellent daycares and schools (including French immersion, Catholic & public, including high school with the esteemed STEM+ program) * Walk to the Sheppard Subway, Oriole GO station, North York General Hospital, Seneca College, CCNM, ravine trails, parks, water park, tennis, community centre and so much more! * Minutes to the Don Valley Parkway/401/404 * Pillar to Post Home Inspection available
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Fenced Yard, Hospital, Library, Park, Public Transit, School
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Data-driven valuation for 12 Lockmere Terrace, Toronto C15, ON M2J 2J4
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 $1,375,000 in Toronto, the legal minimum down payment is $275,000 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 $23,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,975 also applies, bringing the total estimated land transfer taxes to $47,950.
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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.