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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,999,000 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.
Incredible opportunity to own a 100ft x 412ft property with 180 degree unobstructed views of lake Ontario. The 14 Year old home is built on concrete foundation and metal beams that allow for long open spaces with large floor to ceiling windows that line the back of the property with unobstructed infinity views of the lake and southern exposure. Over 7000 sqft of total living space, this custom home has an incredible layout with high ceilings that makes it feel airy and bright. Five generously sized bedrooms on the second floor where three of the bedrooms in the rear have direct access to large balconies to enjoy the incredible view. The primary bedroom has vaulted ceilings, a 5 piece ensuite, walk-in closet and an oversized covered balcony. The home boasts many upgraded features such as a heated driveway, heated floors, geo-thermal heater units, generator, elevator, professional grade appliances, powered gates, security system with cameras, built-in sound system with speakers and so on. However this home has not been well maintained in the past 5 years and many of these features and some components of the home are not fully functional or in disrepair. Any potential buyer is encouraged to get their own inspection to determine the extent of the work required to bring it back to its original state.
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Beach, Fenced Yard, Lake/Pond
Ventilation System, Built-In Oven, Generator - Partial, Intercom, Wheelchair Access
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 41 Hill Crescent, Toronto E08, ON M1M 1J3
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 $3,999,000 in Toronto, the legal minimum down payment is $799,800 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 $86,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,450 also applies, bringing the total estimated land transfer taxes to $172,900.
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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.