
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,258,000 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.
Welcome To A Truly Rare Opportunity! Nestled In A Quiet Neighborhood, This Spacious And Well-Maintained 5+2 Bedroom, 4 Bathroom Family Home Features 1,968 Sq. Ft. Of Above-Grade Living Space. Situated In A Highly Sought-After Pocket Just A Short Stroll From The Prestigious Scarborough Golf And Country Club, This Home Sits On An Impressive 71 x 200 Ft Premium Lot Where The Possibilities Are Endless. The Inviting Layout Effortlessly Blends Everyday Comfort With Functional Living, Highlighted By A Walk-Out Basement And A Separate Entrance Offering Immense Income Potential. This Home Is Ideal For Multi-Family Living, Growing Households, Or Investors Exploring Future Development. Step Outside To Your Sprawling, Ultra-Private Backyard Oasis Where Relaxation Meets Majestic Views. This Rarely Offered Gem Just Minutes to All Amenities, Including Transit, Shopping, Parks, Schools, And The Beautiful Shores Of Lake Ontario. Don't Miss The Chance To Own This Beautiful Home.
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This detached home located at 56 Gatesview Avenue, Toronto is currently for sale and has been available on SousaSells for 24 days. This property is listed at $1,258,000 with an estimated mortgage of $4,187* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 56 Gatesview Avenue, Toronto is in the Scarborough Village neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Scarborough Village, Toronto.
Growing families needing multi-bedroom flexibility and space in Scarborough Village, Toronto.
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The current listing price for 56 Gatesview Avenue, Toronto, ON in Scarborough Village, Toronto is $1,258,000.
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
56 Gatesview Avenue, Toronto, ON is a Detached (Backsplit 5) featuring a Separate Entrance, Finished with Walk-Out basement.
Key property features include: Golf, Park, Lake/Pond.
Interior highlights include: Carpet Free.
Yes, this property offers parking space for 8.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Gatesview Avenue, Toronto, ON M1J 3G5
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 $1,258,000 in Toronto, the legal minimum down payment is $251,600 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 $21,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,635 also applies, bringing the total estimated land transfer taxes to $43,270.
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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.