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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,400,000 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.
Situated On An Impressive 217-Foot Deep Lot, This Charming 3+1 Bedroom Detached Home Presents An Exceptional Opportunity For Investors, Builders, Or End Users. Offering Tremendous Redevelopment Potential, The Property Is Nestled In A Highly Desirable Neighborhood Surrounded By Luxury Multi-Million-Dollar Homes. Enjoy A Spacious, Fully Fenced Backyard-Perfect For Private Outdoor Living And Entertaining. The Home Features A Separate Walk-Out Basement Entrance, A 7-Car Driveway, And A 1-Car Garage, Providing Excellent Parking And Income Potential. Ideally Located Just Steps To Yonge St & Steeles Ave, With Convenient Access To TTC Transit, Finch Subway Station, Highway 404, Centerpoint Mall, Top-Rated Schools, And Parks. Close To Shopping, Dining, Scenic Trails, Playgrounds, Libraries, And More. A Rare Opportunity To Invest, Renovate, Or Build In One Of Toronto's Most Promising And Rapidly Evolving Communities!
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Fenced Yard, Park, Place Of Worship, Public Transit, School
Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor
Carbon Monoxide Detectors, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 45 Northwood Drive, Toronto C14, ON M2M 2J9
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 $1,400,000 in Toronto, the legal minimum down payment is $280,000 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 $24,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,475 also applies, bringing the total estimated land transfer taxes to $48,950.
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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.