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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $585,000 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.
Unlock the Potential. A Rare Investment Opportunity! This is your chance to own a property with incredible possibilities located on a quiet street. While this 3 bedroom home is in need of renovations and upgrades, it offers a blank canvas for your vision and creativity. Whether you're an investor looking for your next project, a seasoned renovator, or a buyer eager to build sweat equity, this home is waiting to be transformed.
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Hospital, Public Transit, School
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 24 Blackwater Crescent, Toronto E11, ON M1B 1L6
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 $585,000 in Toronto, the legal minimum down payment is $33,500 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 $8,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,175 also applies, bringing the total estimated land transfer taxes to $16,350.
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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.