49 Confederation Drive, Toronto, ON

$799,000
MLS#:E9017524
6 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 45 x 113 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Opportunity to own this Back-split bungalow home in high demand area of Scarborough. This home features spacious 3+3 bedroom, Large 45 x 113 lot . Minutes to the Cedarbrae Mall, McDairmid park, walking distance to the public library, close to public transportation, schools and shops.

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 12, 2024
Sold price information is available to members only
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size45 × 113 Feet
CountyToronto
Annual Tax$3,497.77
Legal DescriptionPARCEL 104-1, SECTION M755 LT 104 PLAN M755 SCARBO

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Public Transit, School

Interior Features

Carpet Free

Security Features

Community Features

Location

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49 Confederation Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 49 Confederation Drive, Toronto E09, ON M1G 1A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$54,900 (6.9%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period25 Years
Estimated Monthly Payment$4,434Based on a loan of $744,100 over 25 years.
Purchase Price$799,000
Loan Amount$744,100
Provincial Land Transfer Tax:$12,455
Toronto Municipal Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$24,910

About Purchasing a Home in Toronto, ON

For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woburn, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$786,615

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Richard
Public960 Bellamy Road North, Scarborough, Toronto, Ontario, M1H 1H1
5.6
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.