2 Lailey Crescent, Toronto, ON
Property Highlights
Welcome to this remarkable Other vacant land located in the coveted neighborhood of Willowdale East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 52.27 x 129.04 ft lot size
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient other garage included
- equipped with other central cooling and highly efficient other heating via other
Description
Attention all builders and developers looking for an infill site for a 3 unit multi-residential development or for those looking to build a dream home. Discover this exceptional pie-shaped lot,perfectly situated at the end of a tranquil cul-de-sac in the coveted Willowdale neighbourhood. Nestled near Bayview, between Finch and Sheppard, this nearly 1/4-acre property offers a unique development opportunity. The lot has a 52 foot frontage, which expands to 89 feet wide at the rear and 162 feet deep. It has been cleared of trees, and the structure that was previously on the property has been demolished, providing a blank canvas for your vision. Whether you envision building 3 units as according to Ontario's Bill 23, or a luxurious single family home, this property offers unparalleled flexibility and potential. This prime location is in the catchment for Finch Public School, Bayview Middle School, and Earl Haig Secondary School, making it ideal for families. Additionally, Claude Watson School for the Arts and several French schools are nearby. Enjoy the convenience of being within walking distance to public transit and parks, with shopping, dining, and the 401 just minutes away. Don't miss this rare infill opportunity in one of Willowdales most desirable location
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Lailey Crescent, Toronto C14, ON M2N 4G9
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 $2,200,000 in Toronto, the legal minimum down payment is $440,000 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 $41,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,475 also applies, bringing the total estimated land transfer taxes to $82,950.
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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.
