316 Renforth Drive, Toronto, ON
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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 $1,199,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 51 x 107 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To 316 Renforth Drive! This Beautifully Renovated Detached Bungalow With A Fully Separate Lower Level Unit Is An Exceptional Opportunity To Get Into The Sought After Markland Woods Neighbourhood. The Upper Floor Features A Bright And Inviting Open Concept Living / Dining Space With A Chefs Kitchen Complete With Stainless Steel Appliances, Large Centre Island Breakfast Bar and Extra Cabinetry For Tonnes of Storage. All Three Large Bedrooms Have Closets and Are Super Bright With Large Windows. Keep Your Feet Nice And Warm During The Winter With Heated Floors In The Kitchen, Washroom And Front Foyer. The Separate Basement Apartment With It's Own Entrance And Exceptionally High Ceiling Height, Offers Two Large Bedrooms And A Spacious Living With Gas Fireplace And Recreation Room. Excellent Income Potential Or The Flexibility To Easily Convert Back To A Single-Family Home With An In-Law Suite. A Private, Fully Fenced-In Backyard Features An Elevated Deck And Stone Patio - Perfect For Summer BBQs, Entertaining, And Playtime With The Kids. Attached Single Car Garage And Driveway With Room From 4 Car Parking And Bonus Parking Pad Space With Sliding Door To Access Backyard. Ideally Located With Easy Access To Several Highways And Pearson Airport, Walking Distance To TTC Routes, And Close To Every Day Amenities With Groceries, Excellent Schools, Parks And More! Inclusions: Stainless Steel (2 Refrigerators, 2 Stoves, 2 Microwaves With Built-In Hood Fans), 2 Dishwashers, Shared Washer and Dryer In Lower Landing, All Electric Light Fixtures, All Window Coverings, Gas Burning Furnace, Central Air Conditioner, Hot Water Tank and Automatic Garage Door Opener and Remote.
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Key Features
Additional Details
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Parking & Garage
Heating & Cooling
Features
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Interior Features
In-Law Capability, Primary Bedroom - Main Floor
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 316 Renforth Drive, Toronto W08, ON M9C 2L3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.
