20 Gilder Drive, Toronto, ON

$447,999
MLS#:E9367847
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Eglinton East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $447,999 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 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Sauna, Separate Heating Controls
  • equipped with window unit(s) central cooling and highly efficient radiant heating via electric

Description

Discover the potential of Handyman's dream or First Time Buyers starter home, or simply looking for BRRRR Properties! Look No further, conveniently located, End Unit North East view 3 generous size bedrooms, 2 bath Condo on the 8th Floor, comes with 1 Underground Car Parking, with plenty of storage, perfectly nestled in a vibrant, sought-after neighbourhood, this bright and airy home features and offers an easy commute to everywhere. Priced below market value, this Condo is an exceptional opportunity for home flippers and fixer-uppers, presenting significant potential for profit with the right renovations. Imagine transforming this property, taking inspiration from successful flips in the booming neighbourhood, and enhancing its value with strategic updates. First-time buyers will find this Condo incredibly appealing due to its affordability Over 1200 SQF of Living Space and the chance to personalize and create a dream starter home. The generous living and dining areas are perfect for entertaining or simply enjoying quiet nights at home. For Big families, the Dining room may also be used as a Den. With various financing options and first-time buyer programs available, stepping into homeownership has never been easier. Handyman dream home seekers will relish the DIY potential of this Condo, offering endless possibilities to customize and improve, while located in the prime transit hub. Investors will be drawn to the promising rental income potential, backed by strong local real estate trends indicating an appreciating market. This Condo is close to schools, parks, shopping centers, plazas, Community centre, hospital, Kennedy Subway & Go Stations and public transportation, making it a desirable location for families and commuters alike. Future developments in the area promise to boost property values further, enhancing the investment potential. The property's versatility caters to a broad range of buyers and investors, ensuring flexible usage and wide-ranging appeal!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 31, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$1,208.84

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

Place Of Worship, Clear View, Public Transit, Rec./Commun.Centre, School, Hospital

Interior Features

Auto Garage Door Remote, Sauna, Separate Heating Controls, Separate Hydro Meter, Storage

Security Features

Smoke Detector, Security System

Community Features

Location

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20 Gilder Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 20 Gilder Drive 802, Toronto E08, ON M1K 5E1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$22,400 (5.0%)
* Minimum Canadian down payment required for this price is $22,400.
Amortization Period25 Years
Estimated Monthly Payment$2,536Based on a loan of $425,599 over 25 years.
Purchase Price$447,999
Loan Amount$425,599
Provincial Land Transfer Tax:$5,435
Toronto Municipal Land Transfer Tax:$5,435
Total Estimated Closing Taxes:$10,870

About Purchasing a Home in Toronto, ON

For a property listed at $447,999 in Toronto, the legal minimum down payment is $22,400 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 $5,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,435 also applies, bringing the total estimated land transfer taxes to $10,870.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Eglinton East, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$746,184

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
St Maria Goretti
Public21 Kenmark Boulevard, Scarborough, Toronto, Ontario, M1K 3N8
5.3
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Agatha
Public49 Cathedral Bluffs Drive, Scarborough, Toronto, Ontario, M1M 2T6
4.3
St Theresa Shrine
Public2665 Kingston Road, Scarborough, Toronto, Ontario, M1M 1M2
7.3

Secondary Schools

Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.