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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,329,900 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.
Beautifully Upgraded 5 Bedroom Family Home On A Coveted, Family-Friendly Street In The Highly Sought-After Centennial Community! From The Moment You Walk Through The Door, You'll Be Impressed By The Spacious Layout, Quality Upgrades, And Exceptional Natural Light Throughout. The Oversized Living Room Features Gleaming Hardwood Floors, Crown Moulding, And A Large Picture Window Overlooking The Front Yard. The Upgraded Kitchen Offers Abundant Counter Space And Storage, A Centre Prep Island, Quartz Countertops, Breakfast Bar Seating, Stainless Steel Appliances (Including Gas Stove), And A Timeless White Subway Tile Backsplash. The Adjacent Open Concept Dining Room Is Perfect For Entertaining And Features Hardwood Floors And Elegant Crown Moulding. Oversized Sunken Family Room Ideal For Everyday Living And Entertaining, Complete With Hardwood Floors, Crown Moulding, Skylight, Gas Fireplace, Built-Ins, And A Walk-Out To The Backyard. Convenient Main Floor Powder Room. Upstairs, The Spacious Primary Retreat Includes A Walk-In Closet And Private Ensuite, While Four Additional Generously Sized Bedrooms Offer Hardwood Floors, Large Windows, And Ample Closet Space. The Finished Basement Adds Valuable Living Space With A Large Rec Room, Additional Bedroom, And Dedicated Laundry Room With Laundry Tub. Step Outside To The Huge Fenced Backyard Featuring A Deck, Sprawling Green Space, And Storage Shed - An Ideal Setting For Kids, Pets, And Summer Entertaining. Ideally Situated In A Family-Friendly Scarborough Neighbourhood Just Minutes To TTC & GO Transit, Highway 401, Excellent Schools, Parks, Shopping, Waterfront Trails, & Everyday Amenities For Exceptional Convenience And Connectivity. Nearby Beautiful Port Union Waterfront Park With 3.8 Km Of Continuous Waterfront Trail. A Rare Opportunity To Own A Spacious Turnkey Family Home In An Incredible Neighbourhood!
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Public Transit, School, Rec./Commun.Centre, Park, Library
Other, Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 Elkwood Drive, Toronto E10, ON M1C 2C1
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 $1,329,900 in Toronto, the legal minimum down payment is $265,980 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 $23,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,073 also applies, bringing the total estimated land transfer taxes to $46,146.
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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.