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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elms-Old Rexdale. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $998,868 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 50 Ringway Crescent! This delightful 4-bedroom, 2-story house offers comfort, convenience, and ample space for your family to thrive. With its thoughtful design and inviting features, this property is perfect for those who appreciate a harmonious blend of indoor and outdoor living. The main floor features a bright and inviting living room and dining room, a sunny eat-in kitchen and a 2pc washroom. On the second level, you'll find 4 spacious bedrooms and a full 4-piece bathroom, ideal for family living or hosting guests. The basement highlights include a cozy family room- a versatile space for gatherings or movie nights, a workshop offering a dedicated space for projects and creativity and a convenient walk-out to the large backyard. Outside, you'll find a patio overlooking terraced gardens, ample space for creating your ideal backyard retreat and a shed providing valuable additional storage. A carport will accommodate one vehicle and a double driveway with space for two more cars. This charming home combines practicality with warmth, offering everything you need for a comfortable lifestyle. Close to schools, shopping, highways and TTC- Don't miss the opportunity to make this house your forever home.
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Data-driven valuation for 50 Ringway Crescent, Toronto W10, ON M9W 1X4
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 $998,868 in Toronto, the legal minimum down payment is $74,887 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 $16,452 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,452 also applies, bringing the total estimated land transfer taxes to $32,905.
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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.