4 Grovenest Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $879,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 120 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully renovated 3+2 bedroom detached bungalow situated on a rare 50' x 120' lot in a highly convenient location near Hwy 401 & Neilson Rd. This bright and well-maintained home features a functional layout with 3 spacious bedrooms on the main floor, pot lights throughout, zebra blinds, and stainless steel appliances, along with stylish updated finishes and plenty of natural light. The separate entrance to a finished 2-bedroom basement offers excellent potential for extended family living or rental income. Enjoy a prime location close to schools, shopping centres, library, parks, transit, and major highways, making commuting and everyday errands effortless. With a large private lot and recent renovations, this property is ideal for families, investors, or first-time buyers looking for space, convenience, and income potential. Don't miss this fantastic opportunity!
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Interior Features
Carpet Free, Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 Grovenest Drive, Toronto E09, ON M1E 4J3
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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 $879,000 in Toronto, the legal minimum down payment is $62,900 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 $14,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,055 also applies, bringing the total estimated land transfer taxes to $28,110.
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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.
