47 Dromore Crescent, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,245,000 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 60 x 125 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location, Location, Location! Great opportunity to own a detached brick bungalow on a prime 60 x 125 ft lot in much sought after area of Newtonbrook West, in North York, Toronto, with added advantage of generating rental income or expand or rebuild. The options are endless! Basement with Separate Entrance , 2nd kitchen and 3 piece washroom.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Dromore Crescent, Toronto C07, ON M2R 2H4
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 $1,245,000 in Toronto, the legal minimum down payment is $249,000 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 $21,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,375 also applies, bringing the total estimated land transfer taxes to $42,750.
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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.
