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Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
This stunning home features three generously-sized bedrooms on the upper level, complemented by an additional two bedrooms on the lower level, perfect for family or guests. The expansive living room offers ample space for relaxation and entertainment. A separate entrance to the lower level, complete with a second kitchen, enhances the home's appeal and versatility. Nestled in a peaceful and friendly neighborhood, this property boasts numerous upgrades, including a new side patio and deck, perfect for enjoying the outdoors. The private, cozy backyard provides an ideal setting for barbecues and gatherings. With two separate laundry areas, convenience is at your fingertips.The lower level presents an excellent opportunity for rental income, with an estimated potential of approximately $2000 per month. This home not only offers comfort and charm but also a smart investment for future returns. Finished Basement with 2 Bedroom, Kitchen and a full bathroom.
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Data-driven valuation for 131 Wickson Trail, Toronto E11, ON M1B 1S6
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.