55 Merritt Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 57.3 x 115.51 ft lot
- Features a development potential, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Spacious Family Home Sits On One Of The Largest Lots In The Area, Located At The End Of AQuiet Cul-de-sac In A The Welcoming, Family-friendly Community Of Topham Park. ThePossibilities Here Are Endless! Step Inside To A Main Floor That Flows Effortlessly From TheCozy Family Room And Convenient Washroom To A Large Kitchen At The Back Of The House - IdealFor Family Meals And Entertaining. Upstairs, You'll Find Four Generously Sized Bedrooms,Including A Comfortable Master Suite, Along With A Full Bathroom Ready To Handle Busy MorningRoutines. The Finished Basement Adds Even More Versatility, Featuring A Fifth Bedroom, ASpacious Rec Room, Another Full Bathroom, And Ample Storage For Toys, Seasonal Items, And More.Step Out The Back Door And Into Your Dream-sized Backyard - Perfect For Kids, Pets, Gardening,Or Summer Entertaining. The Detached Garage Offers Even More Potential, Whether As A Workshop,Studio, Summer Car Storage, Or Casual Hangout Space. Ideal For A Large Or Growing Family, ThisHome Also Offers The Potential For A Basement Income Unit - A Feature That Adds IncredibleValue And Flexibility. Topham Park Offers Exceptional Amenities Including Three Ball Diamonds,Two Lit Tennis Courts, A Wading Pool, A Clubhouse, And A Great Children's Playground -Everything You Need For An Active Lifestyle Right In Your Neighbourhood. Whether You're HostingGatherings Or Managing Busy Family Life, 55 Merritt Has The Space And Charm To Accommodate ItAll.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Cul de Sac/Dead End, Fenced Yard, Park, Rec./Commun.Centre, School, Terraced
Interior Features
Air Exchanger, Auto Garage Door Remote, In-Law Suite, On Demand Water Heater, Storage, Ventilation System
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Merritt Road, Toronto E03, ON M4B 3K4
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
