2 Dailing Gate, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $500,000 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 1400-1599 sqft
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This bright and spacious townhouse offers nearly 1,500 sq. ft. above grade, plus a finished basement that adds valuable extra living space. Large windows fill the home with natural light, and recent updates-including laminate flooring, refreshed countertops and sink, an eat-in kitchen, and a newer furnace-enhance both comfort and style. One of the biggest advantages of this unit is the basement's direct, private entrance to the underground parking-a rare feature that many homes in the complex do not have. The private, landscaped backyard also provides a peaceful setting for relaxing or entertaining.The community is beautifully maintained, with mature trees, vibrant gardens, lots of visitor parking right outside the unit, and a seasonal outdoor pool for residents. The location is ideal for families, with schools, parks, shops, and banks all just steps away. You're also minutes from Centennial College, the University of Toronto Scarborough, new community and recreation centres, Highway 401, and the TTC-making commuting throughout the GTA quick and convenient. Some photos have been virtually staged; current furniture may differ.
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Pricing & Value Insights
Data-driven valuation for 2 Dailing Gate 15, Toronto E11, ON M1B 1Z8
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 $500,000 in Toronto, the legal minimum down payment is $25,000 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 $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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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.
