42 Millgate Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,650,000 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 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 47.42 x 150 ft lot
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An exceptional offering in the heart of prestigious Bayview Village. Situated on a premium 47.42 x 150 ft lot and surrounded by distinguished multi-million-dollar residences, this rarely available bungalow presents an extraordinary lifestyle and investment opportunity in one of North York's most coveted enclaves. Thoughtfully reconfigured from three bedrooms to an expansive two-bedroom layout, the main level showcases refined proportions, seamless flow, and hardwood flooring throughout. The fully finished walk-out lower level offers two additional bedrooms and a second kitchen, creating elegant multi-generational living potential or a discreet income opportunity. Set within the highly ranked Elkhorn PS, Bayview MS, and Earl Haig SS district, and moments to Highway 401, DVP, TTC, upscale shopping, and lush parks, this property delivers both prestige and convenience. Whether enjoyed as a refined residence, held as a strategic investment, or reimagined into a custom architectural masterpiece, this is a rare chance to secure a substantial lot in one of Toronto's most established luxury communities.
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Pricing & Value Insights
Data-driven valuation for 42 Millgate Crescent, Toronto C15, ON M2K 1L6
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 $2,650,000 in Toronto, the legal minimum down payment is $530,000 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 $52,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $52,725 also applies, bringing the total estimated land transfer taxes to $105,450.
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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.
