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Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Bayview Woods-Steeles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,888 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.
A spacious and versatile detached backsplit designed for true family living. Thoughtfully laid out with multiple living zones, generous storage, and room to grow - this is a home that effortlessly adapts to your lifestyle.Situated in the sought-after Bayview Woods neighbourhood, this bright and expansive home features large principal rooms, a charming breakfast nook, and a convenient main floor laundry room with a separate side entrance. The oversized family room, complete with a gas fireplace, walks out to a private backyard - perfect for relaxing or entertaining.The lower level offers a substantial recreation area, providing exceptional additional living space, along with a small workshop area and a generous, well-lit crawl space for storage.38 Colonnade is complete with a 2-car attached garage and a driveway accommodating 4+ vehicles. Located in a fantastic family-friendly community with top-rated schools, parks, shopping, and easy access to transit - this home truly checks all the boxes.
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Data-driven valuation for 38 Colonnade Road, Toronto C15, ON M2K 2L5
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 $1,398,888 in Toronto, the legal minimum down payment is $279,778 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 $24,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,453 also applies, bringing the total estimated land transfer taxes to $48,906.
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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.