42 Summerside Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Hillcrest Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,450,000 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.
- 5 Bedrooms and 3 Bathrooms
- Premium 52 x 120 ft lot size
- 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: Central Vacuum, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
42 Summerside Crescent is a well-cared-for two-story home located on a quiet street in North York's Hillcrest Village. Owned by the original family since 1964, this home combines comfort, thoughtful upgrades, and an excellent location. Many upgrades include a new roof (2013), backdoor (2018), air conditioning (2023). Beneath the current carpeting, the entire upper floor, living and dining rooms feature original hardwood flooring, ready to be uncovered. The spacious interior boasts large bedrooms, and ample closet space throughout. The basement includes a cozy gas fireplace, offering an inviting space for relaxation on cold winter days. Outdoors, the front yard enjoys abundant sunlight, while the large backyard provides a shaded patio, ideal for relaxing on warm summer days. Close to a community centre and several parks offering a pool, ice rink, tennis courts, soccer pitches, playgrounds, and outdoor ping pong tables. Scenic bike paths wind through the neighborhood. Families will benefit from proximity to high quality education: Crest haven Elementary School (0.3 km), Zion Heights Middle School (0.5 km), AY Jackson Secondary School (1.6 km), Seneca Colleges Newnham Campus (2 km) and the Canadian Memorial Chiropractic College (1.2 km).Easy transit and travel: GO Station is just 0.75 km away, with easy access to Finch and Sheppard TTC, Highways 401, 404, and 407. For over six decades, this home has embraced laughter, celebrations, and everyday moments of a family that cherished its spaces. Now its time for new memories to be made. Come see how this home can become part of your story too.
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Pricing & Value Insights
Data-driven valuation for 42 Summerside Crescent, Toronto C15, ON M2H 1X1
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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 $1,450,000 in Toronto, the legal minimum down payment is $290,000 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 $25,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,475 also applies, bringing the total estimated land transfer taxes to $50,950.
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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.
