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Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,525,000 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.
Original (1955) 1 1/2 storey home on a premium lot in the sought after Don Mills/Banbury community. Lot fronts onto Chatfield and backs onto Bond Ave. Irregular pie shaped lot of 11129.87 sq ft (GeoWarehouse). Irregular dimensions: north 105.02 ft, east 141.33, west 150.45, south 52. Premium neighbourhood near the Shops at Don Mills, Longos, excellent schools, transportation and easy access to the DVP and downtown. Parks, restaurants, premium shopping, Donalda Golf and Country Club, walking trails and parks.
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Data-driven valuation for 42 Chatfield Drive, Toronto C13, ON M3B 1K5
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 $1,525,000 in Toronto, the legal minimum down payment is $305,000 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 $26,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,975 also applies, bringing the total estimated land transfer taxes to $53,950.
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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.