516 Millwood Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,649,000 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 25 x 125 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 516 Millwood Road, a spectacular, 3 bed, 3 bath home in the heart of Davisville. Set on the best part of Millwood, this tight-knit community has some of the best neighbours in the City! With nearly 2500 square feet on all 3 levels, this oversized turn-key home is not your average Davisville semi-detached. Set on a 25 X 125 foot lot with legal front pad parking, this home has been extensively updated and upgraded, creating an ideal home for a growing family. The main floor offers generous formal living and dining rooms, and open concept kitchen with caesarstone counters, breakfast bar, and stainless steel appliances. The extra large skylit family room with custom millwork and built-ins opens to a stone patio and deep back garden. The main floor includes a rare main floor powder room - a feature seldom found in these homes. The upper level holds 3 bedrooms. A spacious principal bedroom with custom wall to wall closets and organizers. Second bedroom with custom double closet and organizers. Family bath with heated floors, double wide sink and vanity - plenty of space for a family. The lower level features a mudroom, office space, and recreation room/gym space under family room addition with high ceilings and custom cabinetry. There is an updated 3 piece bath and laundry room area. With thoughtful design keeping the needs of an active family in mind, there is an abundance of custom storage throughout - everything has its place! The large backyard is the perfect space for children playing and summertime entertaining. Situated in the coveted Maurice Cody School district, and steps to the best that Bayview and Mount Pleasant have to offer, this home must be seen - it is the one that you have been waiting for!
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Pricing & Value Insights
Data-driven valuation for 516 Millwood Road, Toronto C10, ON M4S 1K5
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 $1,649,000 in Toronto, the legal minimum down payment is $329,800 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 $29,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,455 also applies, bringing the total estimated land transfer taxes to $58,910.
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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.
