27 Markland Drive, Toronto, ON

$1,250,000
MLS#:W9297792
4 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,250,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 45 x 121 ft lot
  • Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in the heart of the family friendly Markland Wood neighbourhood, this solid brick Bungalow has been lovingly maintained for over 50 years. Enjoy the bright and spacious layout, including Large Living/Dining rooms, Kitchen with breakfast area, and King sized primary. The home has 2 full bathrooms and a large finished basement with a separate side entrance. Downstairs provides a Recreation room with built-in bar, secondary kitchen, and a large bedroom for guests. The basement offers potential for a separate unit. The private and sunny backyard widens to 59 feet at the rear providing lots of space for outdoor entertaining, or future expansion. All of this on a lovely tree lined Street in the heart of Markland wood, one of the nicest Etobicoke neighbourhoods. Steps to Great Schools, TTC, Parks, Walking Trails, and Shopping.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date9/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Separate Entrance
Lot Size45 × 121 Feet
CountyToronto
Annual Tax$5,686.55
Legal DescriptionLT 186, PL M854;S/T B54887 ETOBICOKE

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Level, Park, Place Of Worship, Public Transit, School

Interior Features

In-Law Capability, Primary Bedroom - Main Floor, Storage, Workbench

Security Features

Other

Community Features

Location

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27 Markland Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 27 Markland Drive, Toronto W08, ON M9C 1M8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$250,000 (20.0%)
* Minimum Canadian down payment required for this price is $250,000.
Amortization Period25 Years
Estimated Monthly Payment$5,959Based on a loan of $1,000,000 over 25 years.
Purchase Price$1,250,000
Loan Amount$1,000,000
Provincial Land Transfer Tax:$21,475
Toronto Municipal Land Transfer Tax:$21,475
Total Estimated Closing Taxes:$42,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,250,000 in Toronto, the legal minimum down payment is $250,000 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 $21,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,475 also applies, bringing the total estimated land transfer taxes to $42,950.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Markland Wood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,103,478

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Nativity of Our Lord
Public35 Saffron Crescent, Etobicoke, Toronto, Ontario, M9C 3T8
7.7
Josyf Cardinal Slipyj
Public35 West Deane Park Drive, Etobicoke, Toronto, Ontario, M9B 2R5
8.4
Our Lady of Peace
Public70 Mattice Avenue, Etobicoke, Toronto, Ontario, M9B 1T6
6.4
Mother Cabrini
Public720 Renforth Drive, Etobicoke, Toronto, Ontario, M9C 2N9
6.9
St Ambrose
Public20 Coules Court, Etobicoke, Toronto, Ontario, M8W 2N9
7.4

Secondary Schools

Silverthorn
Public291 Mill Road, Etobicoke, Toronto, Ontario, M9C 1Y5
6.3
Martingrove
Public50 Winterton Drive, Etobicoke, Toronto, Ontario, M9B 3G7
6.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.