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Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of L'Amoreaux. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $880,000 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.
Move-in ready 3+3 bedroom home in the heart of Scarborough, located at Finch/Birchmount! Absolutely stunning raised bungalow in highly-desired neighborhood Great opportunity to first time home buyer or investors. Fully renovated in 2025 with updated interiors, and modern appliances on the main floor. Finished Basement With 3 Bed Rooms, Kitchen, 2 washroom.2 Sep Entrance For Extra Living Space Or Rental Income. The Finished Lower Level Lots Of Natural Light. Garage with a large driveway for 2 Cars Parking. Steps to park, public transit, schools, community center, shopping plaza, etc. New air condition(2023) Conveniently located within walking distance to TTC, schools, restaurants, and shopping plazas.
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Data-driven valuation for 281 Timberbank Boulevard, Toronto E05, ON M1W 2G9
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 $880,000 in Toronto, the legal minimum down payment is $63,000 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 $14,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,075 also applies, bringing the total estimated land transfer taxes to $28,150.
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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.