Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,000 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.
Sitting on a 50' x 110' foot lot, this bungalow has been impeccably maintained inside and out by its second owner! With 1087sf on the main floor and 1126sf in the basement, this bungalow also offers fantastic curb appeal on a quiet family friendly street. Featuring 3+1 bedrooms, 2 bathrooms, and 2 kitchens - the basement kitchen is huge! The separate entrance to the basement creates an excellent opportunity for income potential, in-law suite or additional living space. The backyard has a patio, gazebo, 2 sheds AND tomatoes, spinach, zucchini, green beans, carrots, lettuce, spring onions, celery, and a pear tree. A variety of herbs (mint, oregano, rosemary, thyme, tarragon, dill, chives, parsley) have been planted this season which you can enjoy if you bought this house! Situated on a premium 50 ft lot, this property also offers future potential in a neighbourhood where new custom builds are emerging. Private driveway with parking for 3 cars. Major Systems Replaced: A/C 2023, Furnace 2021, Basement Windows 2016, Central Vacuum 2016, Roof 2015, Hot Water Tank 2015 (owned). Convenient location close to TTC stop, parks, schools, shopping, Highway 401 and easy access to subway (Ellesmere or Lawrence East stations) and GO Transit (Scarborough GO). Close proximity to Parkway Mall, Scarborough Town Centre, local plazas and a number of dining options.
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Fenced Yard, Public Transit, School, Park
Central Vacuum, Carpet Free, Water Heater Owned
Alarm System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Mendip Crescent, Toronto, ON M1P 1Y3
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 $749,000 in Toronto, the legal minimum down payment is $49,900 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 $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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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.