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Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Eringate-Centennial-West Deane. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $760,000 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.
Perfect opportunity for first time home buyers to enjoy a great home with a sunny fully fenced-in back yard. Everything has been updated and lovingly maintained in this carpet free home. Imagine starting your day with a family breakfast at the quartz kitchen counter equipped with stainless steel appliances, evening dinner parties in a full size dining room, and weekend sun tanning and BBQ parties on the oversized deck in the summer. **no neighbours in the back** Set up the basement as an additional bedroom with a full bathroom, an office, a home gym, a play room for the little ones or a projector room for family movie nights. Large bedrooms allow for a proper set up with a twin bed, desk, and a dresser or two twin beds. Primary bedroom comfortably fits a queen size bed with 2 night tables.
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Data-driven valuation for 40 Rabbit Lane 7, Toronto W08, ON M9B 5S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $760,000 in Toronto, the legal minimum down payment is $51,000 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 $11,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,675 also applies, bringing the total estimated land transfer taxes to $23,350.
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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.