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Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,175,000 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.
First Time Being Offered for Sale! Nestled Within the Highly Coveted Lakeside Community of Centennial/West Rouge this 4 Level Backsplit Sits on a Ravine Lot! Enjoy the Peace and Privacy of Nature in your Own Yard. Fabulous Layout Providing a Balance of Functionality and Space. Harwood Floors Throughout the Main Floor Living/Diningroom as well as the 3 Bedrooms on the Upper Level. Kitchen Boasts Granite Countertops, B/I Microwave, B/I Dishwasher, Fridge and Stove. Spacious Family Room with Woodburning Fireplace(as is) and a Walkout to private yard backing onto Ravine.
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Ravine, Wooded/Treed, Lake/Pond
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 62 Holmcrest Trail, Toronto E10, ON M1C 1V5
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 $1,175,000 in Toronto, the legal minimum down payment is $235,000 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 $19,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,975 also applies, bringing the total estimated land transfer taxes to $39,950.
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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.