50 Gilroy Drive, Toronto, ON
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Property Highlights
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 $1,065,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 49.58 x 125.7 ft lot
- Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 50 Gilroy Drive, a beautifully updated detached bungalow in a convenient and family-friendly Toronto neighbourhood. This versatile home offers 3+3 bedrooms, 2+2 bathrooms, and a fully self-contained basement apartment with a separate entrance-an ideal opportunity for multi-generational living or strong rental income potential.The main floor has been completely renovated and features a bright, open-concept layout designed for modern living. Large windows fill the space with natural light, while the updated kitchen flows seamlessly into the living and dining areas. Main floor laundry adds everyday convenience, making this level both stylish and functional.Downstairs, the fully finished basement offers its own private entrance, 3 bedrooms, 2 bathrooms, and separate laundry-creating a true secondary living space with excellent income potential. Whether you're looking to offset your mortgage or invest in a high-demand rental setup, this property delivers flexibility and long-term value. Recent upgrades include roof (June 2019), basement washer (Feb 2020), owned hot water tank (Sept 2022), A/C (June 2025), main floor washer and dryer (Feb 2025), and brand new main level kitchen appliances including dishwasher, hood fan, and stove (April 2026). The hot water tank, furnace, and A/C are all owned - meaning no extra monthly fees. Located in a well-connected pocket of Toronto, close to schools, parks, shopping, and transit, with easy access to major routes for commuting. A turnkey opportunity in a desirable area with built-in income potential-perfect for homeowners and investors alike.
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Pricing & Value Insights
Data-driven valuation for 50 Gilroy Drive, Toronto E04, ON M1P 1Z9
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 $1,065,000 in Toronto, the legal minimum down payment is $213,000 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 $17,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,775 also applies, bringing the total estimated land transfer taxes to $35,550.
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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.
