395 Markland Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,495,000 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.
- 5 Bedrooms and 6 Bathrooms with 3 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 56.8 x 355.4 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
355 ft Levelled Ravine Lot. Welcome to the prestigious Markland Wood, offering a unique and tranquil living experience surrounded by the timeless beauty of nature, in an enclave of stately homes. The potential of this versatile property offers the rare opportunity to either revive a majestic entertainers haven, or embark on the creation of a brand-new masterpiece. This strategically located parcel of land could present a canvas for an astute investor to craft a signature project that harmonizes with the upscale surroundings. Excellent for entertaining, enjoy a spacious extended kitchen that leads to a magnificent private backyard with direct access to the Etobicoke Creek, the path system, Markland Wood Private Golf Course. Featuring an indoor pool, sauna and an extremely large basement with 10 ft ceilings and a games room. Fully private in-law suite on the ground floor offers flexibility. 10 minutes to the airport and 15 to downtown.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 395 Markland Drive, Toronto W08, ON M9C 1S5
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 $2,495,000 in Toronto, the legal minimum down payment is $499,000 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 $48,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,850 also applies, bringing the total estimated land transfer taxes to $97,700.
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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.
