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Welcome to this remarkable Backsplit 5 semi-detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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 Robbinstone Dr - a Rare Turnkey Opportunity that blends comfortable family living with exceptional income potential. This beautifully updated backsplit semi-detached home offers a versatile layout that feels like a triplex, featuring 4 Spacious Bedrooms, 3 Full Bathrooms, 3 Separate Kitchens & 2 Separate Laundry. Recently renovated and freshly painted, the home is move-in ready with modern finishes, new light fixtures, and pot lights throughout. The thoughtfully designed backsplit layout provides easier navigation with fewer stairs while maximizing space and natural sunlight across all levels. Live comfortably on the bright and inviting main floor while generating approx~ $3,500/month in Rental Income from Two (2) self-contained units with Sep Entrances of their own - an ideal setup to significantly offset your mortgage or create a strong investment return. Enjoy a private backyard perfect for relaxation or entertaining, along with a convenient concrete side entrance providing seamless access to lower levels. Situated in a highly desirable, family-friendly neighbourhood, you're just minutes from Highway 401 and Centennial College, and within walking distance to schools, parks, shopping, restaurants, and places of worship. Whether you're an end-user looking for mortgage support or an investor seeking solid cash flow, this property delivers unmatched flexibility, value, and long-term potential. The 4th Bedroom & Family Rm on the Grnd Flr can easily be made accessible with Main Flr. This House is a Must See.
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Data-driven valuation for 42 Robbinstone Drive, Toronto E11, ON M1B 2E6
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.