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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Milliken. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $874,900 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 56 Muirlands Drive, a spacious home in the heart of the highly sought-after Milliken neighbourhood. Lovingly maintained by the same family for nearly 40 years, this detached 3-bedroom home features a rare upper-level family room, perfect as a kids' zone, office, or separate space to unwind. The main floor is bright and inviting, with a walk-out to a private deck overlooking the backyard, a peaceful, tranquil setting ideal for relaxing or barbecuing. The bedrooms are generously sized, offering plenty of room to rest and recharge. Downstairs, the walk-out basement offers fantastic potential. With a large portion above grade, a separate entrance, and plenty of natural light, it's well-suited for an in-law suite or extended living space. Additional updates include newer windows throughout, updated sliding doors on the main floor and basement, a gas furnace (2018), brand new dishwasher and central air conditioning for year-round comfort. Set in a quiet, family-friendly pocket just steps to schools (7 min walk to Macklin PS) (4 min walk to Devin Infant CS), parks(5 min walk to Milliken Park), and everyday amenities and more! Don't miss out on this is a move-in ready home in a community families love.
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Lake/Pond, Library, Park, Place Of Worship, Rec./Commun.Centre, School
In-Law Capability
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This could be the first listing for this address.
Data-driven valuation for 56 Muirlands Drive, Toronto E07, ON M1V 2B4
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 $874,900 in Toronto, the legal minimum down payment is $62,490 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 $13,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,973 also applies, bringing the total estimated land transfer taxes to $27,946.
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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.