38 Ponymill Drive, Toronto, ON

$988,000
MLS#:E12155226
4 beds
3 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Milliken. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $988,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 25.06 x 111.67 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Capability, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prime Location! Stunning all-brick home in the heart of Milliken. This beautifully maintained all-brick home is located in the heart of Milliken, offering an exceptional living experience. Situated in a highly sought-after area, this property provides easy access to schools, parks, shopping, and transportation. The home is in a great school zone and features a bright layout with 3+1 spacious bedrooms, perfect for families. The freshly painted interiors are complemented by elegant hardwood floors throughout the main, second floors, and basement with laminate, along with a solid wood staircase with stylish iron pickets. The open-concept living and dining area is perfect for entertaining, featuring an electric fireplace with stunning stonework and pot lights that add sophistication. The brand-new kitchen is a chef's dream with sleek quartz countertops, modern stainless steel appliances, and a custom breakfast bar for casual meals. The second floor offers three generously sized bedrooms, including a primary bedroom with large windows and a big closet. The 3-piece bathroom is well-appointed, and the home is equipped with ample closet space throughout. The large finished basement adds incredible value with an extra bedroom, or it can be used as a rec room. The basement also includes a convenient laundry room and a new 3-piece bathroom (2024). Additional updates include new windows on the main floor, zebra blinds for privacy, and a new front door with a glass porch, enhancing the homes curb appeal. The front entrance is beautifully finished with interlock. Located within walking distance to schools, supermarkets, restaurants, parks, and libraries, this home is also minutes from Milliken Park, Woodside Mall, Pacific Mall, and the Go Station. With easy access to Hwy 401 and TTC, its ideal for commuters. The new subway extension to McCowan is just less than 4 km away, making this home a true gem in Milliken.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 2, 2025
Sold price information is available to members only
Listed Date5/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size25.06 × 111.67 Feet
CountyToronto
Annual Tax$4,813.89
Legal DescriptionPARCEL 46-1, SECTION M2049 PART LOT 46, PLAN 66M2049, PTS 1 & 3 66R13453; SUBJ TO RIGHT AS IN C39000 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Place Of Worship, Public Transit, School, School Bus Route, Library

Interior Features

Carpet Free, In-Law Capability, On Demand Water Heater, Water Heater Owned

Security Features

Community Features

Location

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38 Ponymill Drive, Toronto, ON
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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 Ponymill Drive, Toronto E07, ON M1V 2Y1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$73,800 (7.5%)
* Minimum Canadian down payment required for this price is $73,800.
Amortization Period25 Years
Estimated Monthly Payment$5,448Based on a loan of $914,200 over 25 years.
Purchase Price$988,000
Loan Amount$914,200
Provincial Land Transfer Tax:$16,235
Toronto Municipal Land Transfer Tax:$16,235
Total Estimated Closing Taxes:$32,470

About Purchasing a Home in Toronto, ON

For a property listed at $988,000 in Toronto, the legal minimum down payment is $73,800 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 $16,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,235 also applies, bringing the total estimated land transfer taxes to $32,470.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Milliken, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$988,242

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Prince of Peace
Public255 Alton Towers Circle, Scarborough, Toronto, Ontario, M1V 4E7
9.0
Our Lady of Grace
Public121 Brimwood Boulevard, Scarborough, Toronto, Ontario, M1V 1E5
4.9
Percy Williams
Public35 White Heather Boulevard, Scarborough, Toronto, Ontario, M1V 1P6
9.0
St Sylvester
Public260 Silver Springs Boulevard, Scarborough, Toronto, Ontario, M1V 1S4
8.9
Sathya Sai
Public5321 Finch Avenue East, Scarborough, Toronto, Ontario, M1S 5W2
10.0

Secondary Schools

Albert Campbell
Public1550 Sandhurst Circle, Scarborough, Toronto, Ontario, M1V 1S6
7.1
Francis Libermann
Public4640 Finch Avenue East, Scarborough, Toronto, Ontario, M1S 4G2
7.2
Mary Ward
Public3200 Kennedy Road, Scarborough, Toronto, Ontario, M1V 3S8
7.2
Dr Norman Bethune
Public200 Fundy Bay Boulevard, Scarborough, Toronto, Ontario, M1W 3G1
7.9
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.