49 Winstanly Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Malvern. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $889,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 33.77 x 170.07 ft lot
- Features a finished, apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient other configuration
- Notable attributes: Carpet Free, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Client RemarksLocation, location, location! Spacious 2-story detached home with 4+1 bedrooms, finished basement with separate entrance. Renovated kitchen with quartz counters & backsplash, Extra deep pie-shaped lot with potential for a future garden suite, subject to municipal approvals, new bay window and a few additional new windows, freshly painted. Close to shopping, library, hospital, U of T (Scarborough campus) and Centennial College, minutes to Hwy 401. Ideal for first-time buyers or investors.
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Pricing & Value Insights
Data-driven valuation for 49 Winstanly Crescent, Toronto E11, ON M1B 1N3
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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 $889,000 in Toronto, the legal minimum down payment is $63,900 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 $14,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,255 also applies, bringing the total estimated land transfer taxes to $28,510.
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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.
