17 Gorsey Square, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $825,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 110 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in the established and family-friendly Malvern community of Scarborough, 17 Gorsey Square offers a wonderful opportunity to enjoy comfortable living in a convenient location close to schools, parks, shopping, public transit, and everyday amenities. The main floor features a bright and welcoming layout with a spacious living room highlighted by a charming bay window, seamlessly combined with the dining area to create an ideal space for both everyday living and entertaining. The kitchen offers a functional design complete with a breakfast bar, ample cupboard space, and plenty of room for meal preparation and storage. The second level boasts a spacious primary bedroom with a large closet, along with two additional well-sized bedrooms, each featuring windows and closets for added comfort and natural light. The finished basement extends the living space with a generous rec room, and spacious utility room offering laundry facilities with a laundry sink as well as additional storage options. Step outside to a beautifully maintained, fully fenced backyard featuring mature trees, lovely gardens, providing a private outdoor setting ideal for relaxing or entertaining!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 17 Gorsey Square, Toronto E11, ON M1B 1A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $825,000 in Toronto, the legal minimum down payment is $57,500 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 $12,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,975 also applies, bringing the total estimated land transfer taxes to $25,950.
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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.
