53 Fraserton Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bendale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $988,800 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 41.04 x 125.17 ft lot
- Features a separate entrance, full, finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient other configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fully renovated detached home, rare legal lower apartment with separate entrance. 6-bedroom layout (on both levels). This exceptional property has been completely redesigned from top to bottom, offering modern elegance, versatility, and outstanding income potential. Perfect for first-time buyers, multi-generational families, downsizers looking for mortgage support, or investors. The bright and spacious main level features 3 generously sized bedrooms, two full baths, a sun-filled open-concept living and dining area, and a beautifully upgraded kitchen with contemporary finishes. Thoughtfully renovated throughout with modern flooring, stylish bathrooms, and upgraded lighting. The standout feature is the fully legal lower-level 3-bedroom suite with a separate entrance, offering high ceilings and large windows. Whether you're looking to offset your mortgage with strong rental income or accommodate extended family, this basement apartment delivers exceptional flexibility and value. Located in a highly sought-after neighbourhood close to many schools, parks (Thomson Memorial Park and Scarborough Historical Museum), Scarborough General Hospital, shopping, transit, and all essential amenities. Convenient access to downtown Toronto via nearby Kennedy GO Station and walking distance to future TTC subway station. Turn-key, spacious, and investment-ready - this is a rare opportunity you won't want to miss.
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Pricing & Value Insights
Data-driven valuation for 53 Fraserton Crescent, Toronto E09, ON M1J 1S9
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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 $988,800 in Toronto, the legal minimum down payment is $73,880 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 $16,251 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,251 also applies, bringing the total estimated land transfer taxes to $32,502.
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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.