Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium brick front and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,899,000 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.
Exceptional Character and Stunning Curb Appeal! Contemporary and Professionally Renovated Home with Over $200K Spent In Renovations!! Situated On A Prestigious Wide Lot (62.5 ' x 120 Feet) In the Heart Of Remarkable Bayview Village Area! Approx 2,200 Sq.Ft of Elegant Living Space! Partial Ravine View with Access From Backyard! Home Features Two Full Units: One in Main Floor and Another One in Lower Level with their Own Separate Entrances! Perfect for Multi-Generational Living or Rent the Lower Level for Excellent Income Potential! Main Floor with South Entrance from Sumner Heights >> Newer Quality Main Door Opens to A Foyer with Modern Glass Railing (2019) and Skylight (2022) Above, Engineered Hardwood Flooring (2019), LED Potlights (2019), and Modern Casing and Interior Doors Thru-Out, Dining Room with B/I Shelves and Walk-Out to A Family Sized Deck! Large Open Concept Living Room with Gas Fireplace and A Picturesque View of Paradise Backyard! Professionally Renovated Modern Eat-In Kitchen (2019) with Central Island, Breakfast Bar, Quality Cabinets, High-End Appliances, Quartz Counter Top and Backsplash! Two Modern Renovated Bathrooms (2019), and 3 Bedrooms Plus Rough-In for a Main Floor Laundry Completes Comfort Living in Main Floor! Fully Renovated Lower Level Basement Apartment (2014) With Separate Entrance & Ground-Level Walk-Out To Beautiful Patio & Backyard, Featuring Its Own Separate Kitchen, Modern Renovated 3-Pc Bathroom (2019), Generously Sized Bedroom with Walk-In Closet, and A Laundry with a LG Washer/Dryer (2023)! **Huge Driveway Easily Fits 6 Cars + 2 Car Garage! Highly Coveted Earl Haig School and Bayview Middle School District! No Sidewalk At All! Steps to Ravine, Trails, TTC, Shopping & All Amenities! ** A Rare Opportunity That Must Be Seen **!
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Data-driven valuation for 53 Sumner Heights Drive, Toronto, ON M2K 1Y5
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 $1,899,000 in Toronto, the legal minimum down payment is $379,800 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 $34,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,455 also applies, bringing the total estimated land transfer taxes to $68,910.
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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.