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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,080,000 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.
Welcome to this rare, turnkey detached home on an impressive 50 x 150ft lot with a deep mature backyard. Thoughtfully upgraded from top to bottom with over $200K+ in renovations, this 4+1 bedroom, 3 bathroom home blends modern style with exceptional functionality. The heart of the home is the contemporary kitchen featuring a large quartz countertop waterfall island perfect for cooking, hosting, and everyday living. Brand new hardwood floors, fresh paint, and pot lights throughout create a bright, cohesive feel. The main floor offers a spacious in-law bedroom suite with a full bathroom, ideal for multi-generational living or added convenience. Upstairs, you will find 3 generously sized bedrooms, while the separate side entrance leads to a fully equipped legal permit basement with a 2nd kitchen, living/dining area, bedroom, 3-piece bathroom, and a dedicated laundry area, perfect for generating additional rental income. Basement is currently rented out for $1500/month. Step outside to an entertainer's dream: an extra deep tree-lined private backyard with a custom porch, covered bar, and storage area, ideal for relaxing or hosting friends and family. The long driveway can accommodate up to 5 cars in addition to the attached garage. Conveniently located just minutes from Scarborough Bluffs, Eglinton GO Station, top schools (R.H. King Academy), parks, trails and local plazas, this home offers a rare blend of lifestyle, space, and income potential. A truly unique opportunity you won't want to miss!
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Auto Garage Door Remote, In-Law Suite, None, Ventilation System, Water Heater, Carpet Free
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This could be the first listing for this address.
Data-driven valuation for 195 Phyllis Avenue, Toronto E08, ON M1M 1Y9
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 $1,080,000 in Toronto, the legal minimum down payment is $216,000 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 $18,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,075 also applies, bringing the total estimated land transfer taxes to $36,150.
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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.