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Welcome to this remarkable Backsplit 5 semi-detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $898,888 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.
CALLING ALL INVESTORS! DONT MISS THIS OPPORTUNITY!!!! VERY SPACIOUS 2-DOOR SEMI-DETACHED 5-level backsplit Property. 2 very large units, currently rented separately, great INVESTMENT PROPERTY, owner prefers that you assume the A++ TENANTS. FIRST UNIT: 3 bedrooms/ 1 washroom, Large living and Dining room, and balcony, 1 kitchen, separate laundry. SECOND UNIT: 2 bedrooms (basement room can be easily reverted back into a 3rd bedroom), 2 full washrooms, 1 kitchen, dining room, separate living room with fireplace, SEPARATE laundry in this unit as well! Great for INVESTMENT BUYERS, to BUILD your portfolio and have positive cash-flow. One car garage with 3 parking spots on driveway. Total 4 parking spots. Driveway widened with retaining wall in 2024. Amazing central location; easy access to the upcoming new Metrolinx Subway at McCowan & Sheppard Ave., as well as minutes to HWY 401, Islamic Foundation of Toronto Mosque, Gibraltar Academy, Scarborough Town Centre. Many Public Schools & Churches in the area, 3 min to Burrows Hall Library, and Chinese Cultural Centre of Greater Toronto; Shopping, Banks, and Centennial College, as well as the University of Toronto Scarborough and the Toronto Zoo.
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Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Auto Garage Door Remote, In-Law Suite
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Data-driven valuation for 33 Robbinstone Drive, Toronto E11, ON M1B 2C4
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 $898,888 in Toronto, the legal minimum down payment is $64,889 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 $14,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,453 also applies, bringing the total estimated land transfer taxes to $28,906.
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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.