23 Bush Drive, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $899,900 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 with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 112 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this bungalow set on a generous 50 x 112 ft lot, offering exceptional potential for first-time buyers, investors, or builders looking to build a custom home. With a 50' frontage, this property presents a compelling opportunity for renovation, rental income, or future redevelopment. The main floor features a functional layout with 2 bedrooms and 1 bathroom, while the basement provides an additional living space with 2 bedrooms and 1 bathroom, creating flexibility for multi-unit use or extended family living. Both units are currently tenanted, offering immediate income while improvements or future plans are considered. An ideal opportunity for those seeking a project property with solid fundamentals, income potential, and long-term upside in an established neighbourhood close to schools, parks, transit, and everyday amenities. The main floor is currently rented for $1780/month and the basement is rented for $1700/month (inclusive of utilities).
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Bush Drive, Toronto E10, ON M1C 1G7
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.
