23 Cove Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elms-Old Rexdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 51 x 126.5 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Built-In Oven, Central Vacuum, Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Why live in the suburbs when you can afford to live in Toronto!Welcome to this rare opportunity to own a large, detached bungalow situated on a spacious prime lot in the highly desirable, family-friendly Elms-Old Rexdale neighborhood. This larger model bungalow features 4 generously sized bedrooms and expansive principal rooms. Original hardwood floors throughout. The updated windows provide a bright and relaxed living space. The walkout basement is a rarity at this price point. The Home features and Updated Roof, and Central Air Conditioner, and Central Vacuum. The kitchen features a Miele Cook Top, Kitchen Aid Oven, a new Whirlpool dishwasher, oversized fridge and a new garbage disposal. Display your fine china with the lighted well-crafted cabinets. For the investor or for those who need an additional income source, the home has 3 Separate Entrances and a High Ceiling Basement for Potential Rental Basement Apartment or In-Law Suite. Located steps from two public parks, two public pools and The Elms Jr. Middle School and St. Stephen's Catholic School. Enjoy the outdoors with the Humber River Recreational Trails surrounding the neighborhood. For that late afternoon round of golf head to the nearby Humber Valley Golf Course. Your shopping needs are accounted for with a Walmart within walking distance and a brand-new retail commercial complex featuring Costco and Canadian Tire. Walk to six separate bus lines that take you directly to the subway, including two overnight bus routes and the near completion Finch West LRT line. Access to Highways 401/400/409/427 and minutes to the airport. Whether you're looking for a move in ready starter home, a quick renovation to bring in rental income, or build your dream home from the ground up, 23 Cove Drive delivers. Don't miss this rare chance to invest in a premium location with conveniences and a bright future. Home inspection report available upon request
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Parking & Garage
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Features
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Interior Features
Built-In Oven, Central Vacuum, Storage Area Lockers, Water Heater, Water Meter
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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 Cove Drive, Toronto W10, ON M9W 3V2
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.
