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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.
Attention Builders, Renovators and Visionaries! This is your chance to secure a detached 2+1 bedroom bungalow sitting on an exceptional 43 ft wide lot in one of Scarboroughs most convenient neighbourhoods. Whether you are dreaming of tearing down and building from the ground up or fully renovating to bring your personal dream to life, this property offers a blank canvas to create something truly one of a kind.The existing layout includes a full basement with separate side entrance, a 1+1 kitchen setup ideal for multi-generational living or rental potential, and direct walk-out access from the kitchen to an outdoor deck overlooking the backyard. You will also find a detached garage and a storage shed, adding practicality to this high-potential lot. The location delivers everything you could ask for with steps to transit, minutes to Kennedy Station and Scarborough GO, easy access to major routes, and close proximity to parks, schools, grocery stores, shopping and dining. The neighbourhoods strong mix of long-term residents and new development makes it an area of consistent growth and increasing value. Surrounded by new builds and thoughtful renovations, this propertys wide frontage sets it apart as a rare find. Here is your opportunity to take an empty shell with unlimited potential and turn it into a home or investment that perfectly matches your ambitions.
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Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Carpet Free, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 531 Birchmount Road, Toronto E04, ON M1K 1P1
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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.