51 Eringate Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Eringate-Centennial-West Deane. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $860,000 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.
- 3 Bedrooms and 1 Bathroom with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50.07 x 118.65 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 51 Eringate Drive, a cherished family home offered for the first time in over 54 years. Lovingly maintained by its original owner, this solid bungalow sits on a generous pool-sized lot and is ready for its next chapter. Filled with opportunity, this well-built home offers great bones and endless potential to renovate, update, or create your dream home. Hardwood flooring lies beneath the living room carpet, waiting to be uncovered and restored to its original beauty. The spacious backyard was once home to a swimming pool and offers the perfect canvas to create your own private outdoor oasis. A separate side entrance to the basement provides exciting possibilities for an in-law suite, multi-generational living, or future income potential. Whether you're a first-time buyer, investor, or someone looking to customize a home to your taste, the possibilities here are endless. Conveniently located close to major highways, public transit, schools, parks, shopping, and everyday amenities, this is an opportunity to put down roots in a well-established Etobicoke neighbourhood. Don't miss your chance to transform this well-loved home into something truly special and create memories for generations to come.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 51 Eringate Drive, Toronto W08, ON M9C 3Z2
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 $860,000 in Toronto, the legal minimum down payment is $61,000 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 $13,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,675 also applies, bringing the total estimated land transfer taxes to $27,350.
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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.
