62 Devonridge Crescent, Toronto, ON

$1,398,000
MLS#:E12016370
4 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 51.45 x 98.98 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the prestigious Highland Creek community, this custom-built home has been meticulously maintained by its original owner. The gourmet kitchen, updated with quartz countertops four years ago, features a spacious open-concept design, a large pantry, and a walkout to the deck, seamlessly connecting to the family room ideal for entertaining. Elegant hardwood floors run through most areas, complemented by crown moulding and designed plaster ceilings in the living and dining rooms. Mostly newer windows enhance natural light and efficiency. Enjoy the convenience of direct garage access and an owned hot water tank for added peace of mind. Located minutes from the University of Toronto Scarborough, parks, shopping, and transit, this is a rare opportunity in a highly sought-after area.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 17, 2025
Sold price information is available to members only
Listed Date3/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementPartially Finished
Lot Size51.45 × 98.98 Feet
CountyToronto
Annual Tax$5,694
Legal DescriptionPT LT 18 PL 2098 SCARBOROUGH PTS 8 & 9, 64R15024; S/T TR6246; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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62 Devonridge Crescent, Toronto, ON
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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 62 Devonridge Crescent, Toronto E10, ON M1C 5B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$279,600 (20.0%)
* Minimum Canadian down payment required for this price is $279,600.
Amortization Period25 Years
Estimated Monthly Payment$6,665Based on a loan of $1,118,400 over 25 years.
Purchase Price$1,398,000
Loan Amount$1,118,400
Provincial Land Transfer Tax:$24,435
Toronto Municipal Land Transfer Tax:$24,435
Total Estimated Closing Taxes:$48,870

About Purchasing a Home in Toronto, ON

For a property listed at $1,398,000 in Toronto, the legal minimum down payment is $279,600 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 $24,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,435 also applies, bringing the total estimated land transfer taxes to $48,870.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Highland Creek, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,264,986

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Cardinal Leger
Public600 Morrish Road, Scarborough, Toronto, Ontario, M1C 4Y1
6.7
St John
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
8.1
St Paul
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
5.8
St Jean de Brebeuf
Public101 Dean Park Road, Scarborough, Toronto, Ontario, M1B 2X2
7.7
St Florence Catholic
Catholic101 Murison Boulevard, Scarborough, Toronto, Ontario, M1B 2L6
6.7

Secondary Schools

West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9
Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.