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Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,170,000 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.
**A Fabulous Opportunity To Own a**R-A-V-I-N-E**Land in A Mature and Established Neighbourhood------a Spacious and Charming Backsplit 4 Levels***RAVINE----RAVINE----R-A-V-I-N-E Land(Total 7728.48 sq.ft)---Full Land Size Land-----60Ft x 132.98Ft(North) x 124.62Ft(South)****Nestled among **multi-million-dollars**LUXURIOUS CUSTOM-BUILT homes**in the highly Demand Mature And Established Neighbourhood. this charming and newly renovated bungalow offers endless potential for families, investors, and builders****Sitting proudly on an expansive 60.6 ft x 133 ft Ravine pool-sized lot-----premium table land with amazing ravine view and this home combines modern elegance, comfort, spacious living area(Appox 2000 sf space + full size/finished basement--) and an exceptional location in one of Toronto most desirable neighborhoods. This beautifully maintained/updated hm features 4+1 bedrooms The bright, open-concept main floor is filled with natural light pot lights, and a cozy fireplace(lower level), creating a warm and inviting atmosphere perfect for everyday living or entertaining. From the family room, walk out and overlooks your private, backyard oasis-an ideal setting for summer gatherings, play, or peaceful relaxation.Additional high ceiling in living & dining room. Easy access to Highway 401& 404 and downtown Toronto. Don't miss this rare opportunity to own a move-in-ready home & desirable land combined.
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Rec./Commun.Centre, Ravine, Public Transit, School, Park, Place Of Worship
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Data-driven valuation for 37 Farmcote Road, Toronto C13, ON M3B 2Z6
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 $2,170,000 in Toronto, the legal minimum down payment is $434,000 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 $40,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,725 also applies, bringing the total estimated land transfer taxes to $81,450.
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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.