55 Banstock Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bayview Woods-Steeles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,549,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 47.11 x 161.9 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 55 Banstock Dr. located in the highly desirable Bayview Woods community. This well-maintained, family home features a functional layout perfect for comfortable living and entertaining, set on a welcoming, family-oriented, and friendly street. The main level features three bedrooms, spacious living and dining areas, and a large updated eat-in kitchen overlooking the beautifully landscaped garden, with convenient access to the garage and backyard. Enjoy peaceful views of mature trees from the inviting front porch. The bright lower level feels anything but a basement, offering a large family room with gas fireplace, south-facing windows, and two walkouts to the backyard patio provide excellent indoor-outdoor flow. Additional features include a second kitchen, a versatile rec room or bedroom, and an additional south-facing bedroom ideal for a home office. The professionally landscaped backyard showcases mature trees, an interlocking stone patio with pergola, and a gas-line BBQ-perfect for summer entertaining. Ideally located minutes to top-rated schools, shopping, TTC, parks, ravines, Don River trails, and with easy access to Highways 401 and 404.
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Pricing & Value Insights
Data-driven valuation for 55 Banstock Drive, Toronto C15, ON M2K 2H7
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 $1,549,000 in Toronto, the legal minimum down payment is $309,800 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 $27,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,455 also applies, bringing the total estimated land transfer taxes to $54,910.
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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.
