21 Merryfield Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 7 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Premium 42 x 125 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully renovated in 2024 detached home with private driveway and parking for 4 cars in prime Dorset Park Community, Main floor with brand new floors and kitchen with 2 bedrooms and a full washroom and 2nd floor with two bedrooms with two pieces washroom & W/O to patio deck & large backyard. Moreover, a brand-new separate entrance basement with Three bedrooms, a new kitchen, renovated bathroom (3 pieces), & brand-new appliances - ideal for guests or rental income. Inside, you'll find; 200 AMP circuit breaker, new plumbing, electrical system etc. And also, two brand-new custom kitchens with brand-new stainless-steel appliances. Convenient location, close to transit, access to Highway 401, parks, shopping, hospital and other amenities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 21 Merryfield Drive, Toronto E04, ON M1P 1J3
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
