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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 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.
***Open House Cancelled.*** Detached Bungalow With Detached Garage & Extra Long Driveway. Main Floor Features Modern Kitchen With Quartz Counter Tops & Tiled Floors, Three Bedrooms, Living Space & One Four Piece Washroom. Refinished Hardwood Floors On Main Floor. In-Law Suite With Kitchen, Two Bedrooms, Living Room & One Four Piece Washroom. This Home Is Perfect For The Multi-Generational Families. This Home Has Been Well Maintained. The Features Include: 200 Amp Electrical Panel, Hot Water Tank, Furnace & Humidifier Owned, Roof House & Garage With Full Membrane Replaced In Approximately 2022, Replaced Clay Weepers, 2" SM Rigid Insulation From Foundation 8 Feet Upwards, Parge Over Insulation, Windows Replaced In Approximately 2017, Back-flow Valve Installed, Re-Insulated Attic, Basement Finished With 2" SM Rigid Foam On The Interior Perimeter Walls, Ceilings Insulated With Roxul And Vapour Barrier, New Weeping Tile, Rigid Insultation On Outside Walls, New Garage Door, Shed In Backyard With Concrete Floor. Backs Onto School. Convenient Location. Close To TTC, Shops, Schools, Parks & More. Pre-Listing Inspection Report Available. Click On 4K Virtual Tour & Don't Miss Out On This Gem!
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In-Law Suite
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Data-driven valuation for 16 Knightsbridge Road, Toronto E04, ON M1L 2B2
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 $950,000 in Toronto, the legal minimum down payment is $70,000 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 $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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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.