50 Neelands Crescent, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,500 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime Location! Conveniently situated with easy access to Highway 401and in close proximity to schools, parks, the University of Toronto, Centennial College, the Pan Am Centre, public library, hospital, TTC,and a wide range of other amenities. 2 bedroom basement with separate entrance and 1 Driveway parking. convenient separate laundry. Basement tenant pay 30% of all Utilities (Hydro, Gas and Water and HWT rental), **some are virtually transformed Pictures**
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Pricing & Value Insights
Data-driven valuation for 50 Neelands Crescent Bsmt, Toronto, ON M1E 0B6
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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 $1,500 in Toronto, the legal minimum down payment is $75 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 $8 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8 also applies, bringing the total estimated land transfer taxes to $15.
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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.