Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Agincourt South-Malvern West. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $849,999 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 34 Marilake Drive, a beautifully renovated all-brick detached backsplit situated on a premium 55-foot lot in the heart of highly sought-after Agincourt. This spacious home offers 3+2 bedrooms, 2 updated bathrooms, a finished lower level, a double attached garage and parking for up to five vehicles, making it an exceptional choice for growing families, multi-generational living or those seeking additional space.Thoughtfully renovated and meticulously maintained, this move-in-ready home features a bright and functional layout with generous principal rooms, an updated kitchen, spacious living and dining areas, and a finished lower level offering outstanding flexibility for extended family, guests, a home office, recreation room or potential in-law living. The expansive side yard and backyard provide excellent outdoor living space for entertaining, gardening, children to play or future expansion, subject to applicable approvals.Ideally located in one of Scarborough's most established and family-friendly neighbourhoods, you'll enjoy convenient access to Highways 401, 404 and the DVP, TTC, Scarborough Town Centre, Agincourt Mall, supermarkets, restaurants, community centres, parks, libraries and everyday amenities. Families will appreciate the excellent nearby schools, including C.D. Farquharson Junior Public School and Agincourt Collegiate Institute.Positioned for future growth, the property is just minutes from the planned Sheppard-McCowan Station on the Scarborough Subway Extension and benefits from the proposed Sheppard East LRT corridor currently in the planning stage, offering exciting long-term transit connectivity and neighbourhood enhancement. Major updates include roof (2019) and windows (2016). Combining location, space, thoughtful renovations and outstanding future potential, this is a rare opportunity to own a beautiful family home on a premium lot in one of Scarborough's most desirable communities.
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Data-driven valuation for 34 Marilake Drive, Toronto, ON M1S 1V7
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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 $849,999 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.