20 Cleta Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $869,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 52.96 x 163.83 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient baseboard heating via oil
Description
Exceptional Lot, Great Bones and Unlimited Potential. This 3+1 bed, 2 bath family home is ideal for Builders, Investors and End users alike. Set on a rare 52.96 x 163.83 ft lot, this 1.5 Storey home offers outstanding potential in a prime Kennedy Park location. Features include a rare main floor family room, a modernized kitchen with stainless steel appliances and adjacent breakfast area, main floor office that can easily be a bedroom, an upper floor with 2 bedrooms and a full 3pc bath with glassed in shower, and a peaceful backyard highlighted by blooming Rose of Sharon. The basement adds valuable flexibility with a separate entrance, rec room, additional bedroom, and 2pc bath, offering strong in-law suite or income potential. A private driveway with parking for up to six vehicles adds further practicality and value. Surrounded by parks, schools, and everyday amenities, this location offers excellent convenience with TTC access nearby and close proximity to Scarborough GO Station. Commuting is simple, while shopping, dining, and daily essentials are all within easy reach, making this a well-connected pocket with a strong sense of growth and momentum. Whether you move-in now, renovate or build - 20 Cleta Drive is an excellent Investment.
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Pricing & Value Insights
Data-driven valuation for 20 Cleta Drive, Toronto E04, ON M1K 3G6
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 $869,000 in Toronto, the legal minimum down payment is $61,900 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 $13,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,855 also applies, bringing the total estimated land transfer taxes to $27,710.
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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.
