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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,498,000 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.
Discover Your Dream Home in Banbury/Don Mills. An exceptional opportunity awaits in the highly sought-after Banbury/Don Mills area! This charming property, held by the same family for an incredible 70 years, is nestled on a quiet, desirable crescent, a testament to the street's enduring appeal. Situated on a wide lot, this home presents a blank canvas for your vision. Whether you dream of custom-building your perfect residence from the ground up or embarking on a comprehensive renovation and addition, the possibilities are endless. Beyond the property itself, you'll find an unbeatable location. Enjoy the convenience of being just steps to the Shops at Don Mills, offering an array of retail, dining, and entertainment options. Families will appreciate the proximity to Norman Ingram Public School. Commuting is a breeze with easy access to Highways 401 and the DVP. The existing property boasts beautiful gardens and ample parking for four vehicles, adding to its immediate appeal. This is more than just a house; it's a chance to create lasting memories in a truly special community. Don't miss this rare opportunity to establish your family's legacy in one of Toronto's most cherished neighborhoods.
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Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Storage, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Ternhill Crescent, Toronto C13, ON M3C 2E5
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 $1,498,000 in Toronto, the legal minimum down payment is $299,600 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 $26,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,435 also applies, bringing the total estimated land transfer taxes to $52,870.
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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.