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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,230,000 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.
Welcome to 28 Cloverhill Rd, a fantastic opportunity for first-time homebuyers or investors! Located in the desirable Stonegate-Queensway neighborhood, this spacious 3-bedroom, 2-bathroom bungalow offers both comfort and great potential. Featuring rare, generously-sized bedrooms, this home provides plenty of space for families. The finished basement, with a separate entrance, is ideal for extra living space, a home office, or rental potential. Set on a great lot in a highly walkable area, you'll love the convenience of nearby parks, shops, restaurants, and public transit. Enjoy the charm and convenience of this vibrant community while having easy access to downtown Toronto and major highways. With a little updating, you can turn this property into your dream home, or you could go bigger and build more. Don't miss out on this incredible opportunity! **EXTRAS** No appliances on the property. Photos virtually staged
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Data-driven valuation for 28 Cloverhill Road, Toronto W07, ON M8Y 1T3
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 $1,230,000 in Toronto, the legal minimum down payment is $246,000 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 $21,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,075 also applies, bringing the total estimated land transfer taxes to $42,150.
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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.