61 Marcella Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.
- 6 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 45 x 112 ft lot
- Features a separate entrance, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Big, bold, and brimming with potential welcome to 61 Marcella Street, where your dream home or next investment starts with over 2,000 sq ft of space to play with. Located in the heart of Woburn, one of Scarborough's most underrated neighbourhoods, this property delivers space, location, and income potential all in one package. Upstairs you'll find a sprawling 1,230 sq ft layout that's been lovingly maintained by the same owner since 1969. Translation: strong bones, solid layout, and a home that's never been rushed through a cheap flip. Its the kind of place you can trust and then tailor to your taste. Downstairs, the 800 sq ft basement with a separate side entrance is practically begging to be turned into a rental suite, in-law apartment, or mortgage helper. Want a home that pays you back? This is it. The lot itself is no slouch either. You get serious curb appeal out front, and a huge private backyard out back perfect for BBQs, gardening, or letting the kids and pets run wild. Add in the fact that there's no rental equipment to weigh you down, and you're already ahead. The lifestyle perks? You're within walking distance to Willow Park Junior Public School, Cedar Ridge Park & Creative Centre, and Highland Creek Park (complete with a scenic creek and mini waterfall). If golf is your thing, the prestigious Scarboro Golf Club is just three minutes away. If not, the endless trails and greenery nearby might win you over instead. Bottom line: this is a big home in a great area with even bigger potential. Its move-in ready, but its also ready for your vision whether that means modern updates, rental income, or both. Opportunities like this don't hit the market every day. Bring your tools, bring your imagination, and get ready to unlock everything this home has to offer.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Park, Public Transit, School
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Security Features
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 61 Marcella Street, Toronto E09, ON M1G 1K9
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.
