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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,900 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.
Welcome to 42 Gladys Rd., a rare Highland Creek Gem on an extraordinary Lot! Nestled on a picturesque, tree-lined street in one of Highland Creek's most sought-after pockets, this meticulously maintained 5+1 bedroom, 3-bathroom home is a standout opportunity for families, investors, and custom home builders alike. Sitting proudly on an incredible 50 x 218 ft. lot, the possibilities here are endless. Move right in and enjoy generous living spaces ideal for a large or multigenerational family. With six total bedrooms and parking for four vehicles, this property is also a savvy investment just steps to the University of Toronto Scarborough Campus and brimming with rental income potential while you plan your dream 3000+ sq. ft. custom home. Inside, you will find hardwood floors throughout, a beautifully renovated kitchen, and updated bathrooms on the main and second levels. The walk-out to an expansive entertainers deck leads to a private, deep backyard oasis perfect for a future pool, garden, play area, or epic summer gatherings. Key updates include: Lennox High Efficiency Furnace (2024), Lennox Air Conditioner (2018), Lennox Heat Pump (2012), Roof (2019), Hot Water Tank (2010-owned), upgraded soffits, fascia, and gutters, all water piping is copper, and gas fireplace serviced annually. Location? Unbeatable! You are minutes to top-rated schools, lush parks and trails, the Pan Am Centre, UofT Campus, TTC, Hwy 401, and the charming shops and cafes of Highland Creek Village. Whether you're looking to move in, rent out, or build new, 42 Gladys Rd. is the rare opportunity that checks every box. Don't miss your chance to own a true Highland Creek treasure.
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Fenced Yard, Level, Public Transit, Park, School, Rec./Commun.Centre
Central Vacuum, Separate Heating Controls, Water Heater Owned, Workbench
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This could be the first listing for this address.
Data-driven valuation for 42 Gladys Road, Toronto E10, ON M1C 1C6
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 $999,900 in Toronto, the legal minimum down payment is $74,990 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 $16,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,473 also applies, bringing the total estimated land transfer taxes to $32,946.
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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.