42 Kay Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Mount Olive-Silverstone-Jamestown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 33.83 x 77.18 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fully renovated large detached brick back split home featuring high-end finishes and strong attention to detail. The home offers a state-of-the-art eat-in kitchen with quartz countertops, stainless steel appliances, and under-cabinet lighting. The home includes a formal dining room, spacious living room, and a separate family room featuring a wood-burning fireplace. Waterproof flooring runs throughout the house. All popcorn ceilings have been removed and replaced with smooth skim-coated ceilings. All switches and outlets have been replaced. Modern light fixtures are installed throughout the home. A new Wi-Fi garage door adds convenience and security. The upper level offers three bedrooms and a three-piece washroom with a standing glass shower and modern vanity. The home is freshly painted throughout. The finished basement includes an additional bedroom and living space, ideal for guests or extended family. The exterior features a patio backyard with a freshly painted fence for a clean, modern look, concrete two-car parking, a landscaped front yard, and a spacious lot. Ideally located close to public transit, schools, and Hwy 407.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 Kay Drive, Toronto W10, ON M9V 4V6
Based on 0 recent similar sales in the pocket.
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 $949,000 in Toronto, the legal minimum down payment is $69,900 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 $15,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,455 also applies, bringing the total estimated land transfer taxes to $30,910.
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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.
