Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Steeles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,588,000 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 stunning custom-built detached home by "Chiavatti Homes", Nestled on a premium corner lot in one of Scarborough's most sought-after neighborhoods. Boasting 4 spacious bedrooms 4 washrooms plus a fully finished basement with bedroom, kitchen, washroom, second fireplace and Separate Entrance. This home offers the perfect blend of comfort, space, and luxury. Step into the beautifully updated interior featuring renovated bathrooms, elegant tile flooring, and a unique front solarium that fills the home with natural light. The open and functional layout is ideal for families and entertaining alike. Bonus Main Floor Laundry Rough In Used as an Office with Side Entrance. The walk-up basement offers exceptional versatility perfect for extended family, guests, or potential income. Step outside the Kitchen to enjoy a large walk-out porch, perfect for relaxing or hosting gatherings while overlooking a well maintained garden and landscape with an enclosed Fig Tree! A True Two Family Home. Brand New Roof (2025) & Garage Door. Close to All Major Highways, 404 & 401, Hospital, Grocery & Transit. This Rare Home Offers So Much For All End Users. A Must See!
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Library, Public Transit, School, Park, Hospital, Place Of Worship
Central Vacuum
Alarm System
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Data-driven valuation for 2 Lapworth Crescent, Toronto E05, ON M1V 2M5
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 $1,588,000 in Toronto, the legal minimum down payment is $317,600 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 $28,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,235 also applies, bringing the total estimated land transfer taxes to $56,470.
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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.