43 Colonial Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 50.96 x 110 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location and Curb Appeal make this the ideal property for you. This 2+1 Bedroom home is a short walk to the Eglinton GO Station and an easy commute to downtown Toronto. An outstanding corner lot property that boasts "two" separate fully fenced yards and a 4 car driveway. This home has incredible privacy in a quiet, established neighbourhood surrounded by mature trees. Highly rated RH King Academy is close by. Shopping and places of worship are all walking distance. Walk out from the bright, spacious kitchen to a beautiful 8'x18' deck where you will find a natural gas connection for your BBQ. This home has been meticulously cared for. Built-in shoe cabinet in front hallway. It is super clean with beautiful landscaping and gardens. Best of all, the fully finished basement with 3pc bath, large rec room, bedroom has great potential for a in-law suite that could have a private entrance. For a special bonus feature you can take a short stroll to the outdoor swimming pool at Halbert Park or the splash-pad, walking trails and outdoor winter skating rink at McCowan District Park. So much to do in this incredible neighbourhood. Scarborough has so many parks and activities to offer to families. So, don't wait! Get over and see this amazing property.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 43 Colonial Avenue, Toronto E08, ON M1M 2C3
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.
