Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Humbermede. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,058,900 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.
Spacious Detached Raised Bungalow In A Great Family Friendly Location. Close To Transit And Amenities Including Hwy. Updated Window Throughout. Living Room Has 2 Large Bay Windows. Separate Entrance To Finished Basement. Basement Apartment With 4 Bedroom, Currently Rent For $2600 Monthly. Potential To Covert It TO Duplex. Situated On A Large 60 Ft X 124 Ft Lot, Wide Lot With Ample Parking. Spacious, Well- Maintained Layout. Listing Agent Has Interest In This Property (See Disclosure In Schedule B).
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This could be the first listing for this address.
Data-driven valuation for 56 Samba Drive, Toronto, ON M9M 2N1
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 $1,058,900 in Toronto, the legal minimum down payment is $211,780 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 $17,653 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,653 also applies, bringing the total estimated land transfer taxes to $35,306.
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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.