23 Cedarview Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,898 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 199.51 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.4 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Set on an impressive 50 x 199 ft lot in the sought-after neighbourhood of Port Union/Centennial, this solid brick bungalow is offered by its original owners and reflects true pride of ownership throughout. Located just minutes from the lake and the GO Train station, this home offers both lifestyle and convenience in a well-established, family-friendly community. The main level features hardwood flooring, a bright living room with bay window and fireplace, and an updated kitchen with granite countertops and stainless steel appliances - plus a second kitchen on the main floor, offering added versatility for extended family or multi-generational living. Three well-sized bedrooms complete the level, including a walk-out from the third bedroom to the deck overlooking the deep backyard. The finished basement with separate entrance includes a recreation space, additional bedroom, and 3-piece bath, providing even more functional living space. A detached garage, ample parking, and proximity to schools, parks, transit, and major routes make this a fantastic opportunity in one of Toronto's most desirable east-end neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 23 Cedarview Drive, Toronto E10, ON M1C 2K5
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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 $899,898 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.
