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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $905,000 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.
Nestled on a quiet cul-de-sac in the highly sought-after Malvern community, this charming detached home is surrounded by lush greenery and serene nature views. The property features an exceptionally long private driveway accommodating up to 5 vehicles with no sidewalk, offering added convenience and curb appeal. Inside, enjoy a functional open-concept layout with a welcoming foyer, combined living and dining areas, and a bright eat-in kitchen. The cozy family room is highlighted by a fireplace, perfect for relaxing evenings. The second floor offers three generously sized bedrooms and two full bathrooms. The fully fenced backyard provides excellent privacy and features a professionally built oversized deck with apple and cherry trees, and ample green space-ideal for entertaining, gardening, or family enjoyment. Additional upgrades include brand-new modern vanity lights in all three bathrooms and fresh paint throughout. Most windows and the roof were replaced approximately 5 years ago. The home is also equipped with front and rear security cameras for added peace of mind.The finished basement with a separate entrance includes two bedrooms, 3-piece bathroom, and a kitchen with separate laundry, offering an excellent rental income opportunity. There is also future potential to build a garden suite. Conveniently located close to schools, parks, supermarkets, Walmart, shopping centres, cinemas, hospital, library, public transit, Highway 401, Malvern Town Centre, and Scarborough Town Centre. An excellent starter home for families or investors alike!
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Fenced Yard, Park, Public Transit, School, School Bus Route
In-Law Suite, Water Heater
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Data-driven valuation for 20 Keon Place, Toronto E11, ON M1B 3C9
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 $905,000 in Toronto, the legal minimum down payment is $65,500 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 $14,575 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,575 also applies, bringing the total estimated land transfer taxes to $29,150.
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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.