5 Independence Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,999 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
PRIDE OF OWNERSHIP ORIGINAL OWNER SINCE 1958!This turn-key, all-brick 3+1 bedroom bungalow is a rare gem, lovingly maintained by its original owner and loaded with thoughtful upgrades. From the moment you arrive, you'll notice the exceptional curb appeal and separate garage, ideal for additional storage or future workshop potential.Step inside to a bright and spacious layout featuring a newly renovated eat-in kitchen, separate living and dining rooms, and an oversized primary bedroom with custom built-in closet. The third bedroom offers a walkout to a covered deck, leading to your own private backyard oasis complete with an inground pool perfect for entertaining or relaxing on summer days.Downstairs, discover a fully finished in-law suite with separate entrance, large eat-in kitchen with centre island, open-concept living/dining area, modern 3-piece bathroom with glass shower, and vinyl flooring with pot lights throughout. With 2 separate laundry facilities, 200 amp electric service, and all major mechanics updated, this home is truly move-in ready with income potential or multi-generational living in mind.Location is unbeatable: a 6-minute walk to the GO Train and Community Centre, plus easy access to parks, schools, public transit, and shopping. Don't miss your chance to own this exceptionally well-cared-for home that offers versatility, lifestyle, and long-term value. A must-see!
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Park, Fenced Yard, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
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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 5 Independence Drive, Toronto E04, ON M1K 3R7
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 $899,999 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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.
