4 Greendowns Drive, Toronto, ON
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $979,000 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 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 30.05 x 117.15 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Recently renovated Open Concept Home. New Windows. New Floors, New bathrooms, New Potlights, New Deck, New concrete on the side, New Powder room, New Deck. This is a huge backsplit house with lots of potential. Lower portion with two bedrooms, separate kitchen, and bath was rented for 2200. Can be converred to five bedroom house. Two more basement apartments possible in unspoiled huge basement! Lower Floor Family Room With Fireplace, Good Sized Bedrooms And Large Living/Dining Area, Oak Staircase, Garage Door With Opener And Huge Backyard.
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Pricing & Value Insights
Data-driven valuation for 4 S Greendowns Drive, Toronto E08, ON M1M 2G7
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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 $979,000 in Toronto, the legal minimum down payment is $72,900 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 $16,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,055 also applies, bringing the total estimated land transfer taxes to $32,110.
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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.
