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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $999,000 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.
Attention renovators, builders, developers, and visionaries, this is your chance to secure a spectacular building lot in one of the most coveted pockets of the Scarborough Bluffs. Tucked just around the corner from the lake and set on an expansive 47 x 196-foot south-facing ravine lot, this property offers a unique opportunity to redesign or build a custom home surrounded by nature and serenity. Currently occupied by a bungalow with an attached garage, well suited for a young family looking to get into an incredible neighbourhood. Set among multi-million dollar homes and just minutes from the Bluffs, waterfront trails, top-rated schools like R.H. King Academy, and all the conveniences of Kingston Road, this is a rare blank canvas that combines natural beauty with urban convenience. Don't miss this chance to create something truly special in a peaceful, family-friendly enclave.
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Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 17 Ayre Point Road, Toronto E08, ON M1M 1G4
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.