55 Gaiety Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 55 Gaiety Drive, an exceptional opportunity in the heart of family-friendly Woburn. This well-loved 3-bedroom backsplit is nestled on a generous 50 x 100 ft lot. Quiet, tree-lined streets meet ultimate convenience here, just minutes from parks, schools, transit, shopping and a hidden gem for nature lovers with trails close by. Step inside and discover a sun-filled layout with seamless flow from the open-concept living and dining space to a bright eat-in kitchen with walk-out access to the backyard. Three spacious bedrooms sit privately tucked away on the upper level, each with hardwood floors and plenty of natural light. The finished basement adds flexibility with a large rec room and second bathroom ideal for a home office, guest suite, or kids zone. This home has excellent bones and limitless potential. Move in now and renovate over time to create your dream space. Whether you're a first-time buyer, savvy investor, or upsizing family, this is your chance to secure a solid home in a great neighbourhood.
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Pricing & Value Insights
Data-driven valuation for 55 Gaiety Drive, Toronto E09, ON M1H 1B9
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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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.
