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Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of L'Amoreaux. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,059,000 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 residential street in the heart of Tam O'Shanter neighbourhood, this beautifully updated backsplit offers exceptional value and turnkey living. The home has been freshly painted throughout and features refinished hardwood floors, renovated bathrooms, updated kitchen and a stylish new front entrance. With multiple living areas,a spacious layout, and large windows that allow natural light to pourin. An attached garage and a private driveway with parking for three vehicles. Key upgrades include a high-efficiency furnace, along with newer windows and a roof (approx. 2019), providing comfort and long-term peace of mind. Professionally landscaped front and rear yards enhance curb appeal and offer outdoor enjoyment without the need for any additional work. This is a well-cared-for home in a highly convenient location. You're just minutes from Highway 401, the 404/Don Valley Parkway, and major public transit routes. Families will appreciate the close proximity to excellent schools, daycare centres,major shopping malls and libraries. Enjoy nearby parks, including Timberbank Park, and Tam O'Shanter Golf Course, along with community centres and sports facilities that are only minutes away. Perfect for families, downsizes, or anyone seeking a move-in-ready home in an established neighbourhood, 23 Rainier Square is the full package style, function, and location.
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Data-driven valuation for 23 Rainier Square, Toronto E05, ON M1T 3A1
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 $1,059,000 in Toronto, the legal minimum down payment is $211,800 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 $17,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,655 also applies, bringing the total estimated land transfer taxes to $35,310.
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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.