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Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Tam O'Shanter-Sullivan. Expertly crafted featuring premium stucco (plaster) and concrete construction, this residence presents an exceptional opportunity offered at $1,590,000 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.
Welcome to your dream home! This masterfully designed home defines elegance and unparalleled craftsmanship. The new driveway(2024)leads to an oversized double-car garage. This open-concept bungalow layout flows seamlessly with oak hardwood floors, custom carpentry throughout and a custom wall hung entertainment center. The entire home comes with custom zebra blinds and each washroom is NEW and has upgraded heated tile floors with built in wall hanging vanities. Culinary enthusiasts will revel in the gourmet custom kitchen, equipped with top-of-the-line panel ready Miele appliances, custom cabinetry, and a stone backsplash to match the quartzite island imported from Italy. All bedrooms have custom closet organizers and custom builtin shelving. This home has 2 Basements. A large rec area with Pool Table for the primary home, and a separate entrance basement apartment with a new full custom kitchen and separate laundry. Rent our for extra income or a perfect in-law suite - 2 Laundry Suite
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Library, Park, Public Transit, School, Rec./Commun.Centre
Storage, Water Heater Owned, Auto Garage Door Remote, Built-In Oven, Countertop Range, Guest Accommodations, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Data-driven valuation for 38 Farmcrest Drive, Toronto E05, ON M1T 1B7
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 $1,590,000 in Toronto, the legal minimum down payment is $318,000 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 $28,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,275 also applies, bringing the total estimated land transfer taxes to $56,550.
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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.