493 Millwood Road, Toronto, ON

$1,649,000
MLS#:C9240741
3 beds
2 baths
3.0 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This listing is no longer active (Sold)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 2-Storey semi-detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,649,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 25.8 x 121 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a picturesque tree-lined street in the highly sought-after Maurice Cody school district, this beautiful home offers a perfect blend of classic charm and modern convenience. A rare private drive that can accommodate 3 car parking that leads to this inviting home with a serene backyard escape, providing a peaceful retreat.This spacious home features a renovated kitchen that enhances the heart of the house, while the living and dining areas offer ample space for family gatherings and entertaining.Upstairs, three bedrooms include a large primary bedroom and two additional bedrooms, ensuring plenty of room for a growing family. A renovated bathroom adds modern comfort with stylish fixtures.The basement is fully finished, complete with a bathroom, laundry room and a versatile recreation room, ideal for additional living space, an office or hobbies.Outside, the sunny South facing backyard oasis is perfect for relaxation and outdoor dining while the kids play on the expansive lawn. Backyard equipped with direct Gas line for BBQ hookup and In ground sprinkler system. Located in the heart of the vibrant Davisville community, you'll enjoy easy access to parks, shops, and dining options.The Maurice Cody school district is renowned for its excellent education, making this home an ideal choice for families.This property presents a rare opportunity to own a piece of tranquility in one of Toronto's most desirable neighbourhoods.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size25.8 × 121 Feet
CountyToronto
Annual Tax$6,909.69
Legal DescriptionPT LT 306 PL 1788 TORONTO AS IN CA540784; S/T CA540784; CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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493 Millwood Road, 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 493 Millwood Road, Toronto C10, ON M4S 1K6

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$329,800 (20.0%)
* Minimum Canadian down payment required for this price is $329,800.
Amortization Period25 Years
Estimated Monthly Payment$7,861Based on a loan of $1,319,200 over 25 years.
Purchase Price$1,649,000
Loan Amount$1,319,200
Provincial Land Transfer Tax:$29,455
Toronto Municipal Land Transfer Tax:$29,455
Total Estimated Closing Taxes:$58,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,649,000 in Toronto, the legal minimum down payment is $329,800 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 $29,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,455 also applies, bringing the total estimated land transfer taxes to $58,910.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,574,982

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 Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1

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.