38 Lochleven Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 45.04 x 112.14 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this lovingly maintained home in the heart of the family-friendly Scarborough Village community. Cherished by the same family since 1962, this property offers a rare rear addition off the 3rd bedroom which creates incredible flexibility for modern living. Enjoy the expanded area as a spacious primary bedroom suite. Use the original bedroom as an office, nursery, or luxurious walk-in closet with ensuite washroom potential. The extra bonus room can also be used as a main floor family room with a walk-out to the private backyard. A separate side door entrance provides exciting basement suite potential. The cozy space on the lower level has a fireplace and new flooring. It also offers an abundance of storage space with 2 large crawlspaces. The convenient eat-in kitchen flows into the open concept living and dining rooms ideal for family gatherings and entertaining. The home is freshly painted throughout and has refinished hardwood floors. Commuters will appreciate the excellent transit score with multiple TTC routes, quick access to Kingston Rd and the Eglinton GO Station. Walk to neighbourhood schools. Outdoor lovers will enjoy being steps from Lochleven Park, a neighbourhood hub with extensive playgrounds, a baseball area and large green space ideal for playing and picnics. Explore arts, fitness, skating, and more at the nearby Scarborough Village Community Centre. The beauty of Lake Ontario is also close by. Stroll the base of the Scarborough Bluffs at Bluffer's Park and Beach, wander through Guild Park and Gardens, run or bike along the Waterfront Trail. Ideal for families or investors alike, this is truly a wonderful place to call Home.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Carpet Free, In-Law Capability, Storage
Security Features
Alarm System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Lochleven Drive, Toronto E08, ON M1M 3S2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.
