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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
Welcome to 5 Calthorpe Ave, a rarely offered two storey, 4 bed, 4 bath, over 3200 square foot family home, nestled in the highly sought-after Highland Creek and backing onto a park. This home has been cherished by the same family for 40 years, showcasing true pride of ownership. The light-filled main floor boasts charming French doors leading into the living room, a dining room overlooking the backyard, and an eat-in kitchen with large windows and a walk-out to a back deck, perfect for outdoor entertaining. The cozy family room, complete with a fireplace, is ideal for relaxation, while the main floor also includes laundry facilities and a convenient 2pc powder room. Upstairs, the spacious primary suite features a walk-in closet and a full 4pc ensuite bath, complemented by three additional bedrooms, each with its own closet, and an additional 4pc bath. The finished basement offers endless customization potential, with a 3pc bath, cold room, and ample storage. The house backs onto a picturesque park, offering a serenity in the City. Located minutes from the Pan Am Sports Centre, Morningside Park, and the University of Toronto Scarborough Campus. With convenient access to public transit and Hwy 401, the location is unbeatable. Don't miss this opportunity to create your family's new memories in a home that has been loved for decades! OPEN HOUSE SAT OCT 26 2-4 pm.
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Data-driven valuation for 5 Calthorpe Avenue, Toronto E10, ON M1C 3S3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,399,000 in Toronto, the legal minimum down payment is $279,800 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 $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.
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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.