18 Panama Court, Toronto, ON

$989,900
MLS#:E9351854
4 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $989,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 40 x 128.08 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WOBURN BUNGALOW! Separate entrance to a spacious lower level with excellent apartment potential. Its your very own tranquil oasis in the city! This lovely all brick high-elevation bungalow is situated on a quiet, private Cul-De-Sac surrounded by mature, stately trees on one of Scarborough's finest streets in the desirable Woburn Community. This 3+1 bedroom home is bright and airy, with 2 newly renovated bathrooms, upgraded lights throughout, hardwood flooring on main, huge open concept L-Shaped living room/dining room combination with oversized windows and a walk out to the beautiful picturesque backyard from both the kitchen and dining room. The spacious eat-in kitchen is upgraded with newer cabinets and stainless steel appliances. Big bedroom with large windows to capture stunning views from every angle. Once featured in House & Garden magazine, this rarely found expansive pie shaped lot widens to 120 at rear and is an entertainers dream. Boasting a 3 tiered deck with gas bar-b-q hook up, an expansive 20x40 in-ground pool with new lining and solar blanket plus plenty more remaining manicured lawn to relax under trees and watch the kids run around & enjoy. The basement is fully finished with separate entrance from the garage to apartment with bright spacious living room, new bedroom, new 3-piece bathroom, lots of windows and plenty of built-in closets for storage. Ideal for rental income or extended family use. Family Friendly neighbourhood and close to everything you need: UOT Scarborough Campus, Walking Distance to Elementary and High Schools, Hospitals, STC, 401Hwy, Public Transit, Groceries, Religious Institutions. Plenty of parking for up to 4 cars. Just move in and enjoy!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size40 × 128.08 Feet
CountyToronto
Annual Tax$4,427.64
Legal DescriptionPARCEL 285-1, SECTION M699 LT 285 PLAN M699 S/T LT622366 SCARBOROUGH, CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Park, Place Of Worship, School, Library

Interior Features

None

Security Features

Community Features

Location

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18 Panama Court, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 Panama Court S, Toronto E09, ON M1H 1W9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$73,990 (7.5%)
* Minimum Canadian down payment required for this price is $73,990.
Amortization Period25 Years
Estimated Monthly Payment$5,458Based on a loan of $915,910 over 25 years.
Purchase Price$989,900
Loan Amount$915,910
Provincial Land Transfer Tax:$16,273
Toronto Municipal Land Transfer Tax:$16,273
Total Estimated Closing Taxes:$32,546

About Purchasing a Home in Toronto, ON

For a property listed at $989,900 in Toronto, the legal minimum down payment is $73,990 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 $16,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,273 also applies, bringing the total estimated land transfer taxes to $32,546.

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woburn, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$786,615

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Richard
Public960 Bellamy Road North, Scarborough, Toronto, Ontario, M1H 1H1
5.6
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.