49 Magellan Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Glenfield-Jane Heights. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $969,900 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 39.9 x 102 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 49 Magellan Dr, a charming and well-maintained semi-detached home situated on a rare and expansive corner lot in a quiet, family-friendly neighborhood. The beautifully landscaped front yard offers impressive curb appeal, with lush greenery, vibrant flowers, and mature trees that frame the home perfectly. Step inside to a modern, upgraded kitchen featuring rich dark cabinetry, elegant quartz countertops, a sleek glass tile backsplash, and top-of-the-line stainless steel appliances, perfect space for both everyday cooking and entertaining. Large windows allow natural light to pour in, highlighting the kitchen's thoughtful design and craftsmanship. Outside, the private driveway and fenced yard provide excellent privacy and convenience, with plenty of space for parking and outdoor enjoyment. The tranquil side entrance and covered porch area offer the perfect spot to relax, unwind, or host gatherings. Whether you're a growing family or an investor, this home combines comfort, style, and location in one incredible package. AAA+ tenant in the basement is willing to stay or go.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 49 Magellan Drive, Toronto W05, ON M3L 1T5
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 $969,900 in Toronto, the legal minimum down payment is $71,990 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 $15,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,873 also applies, bringing the total estimated land transfer taxes to $31,746.
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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.
