65 Lake Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,080,000 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.
- 3 Bedrooms and 5 Bathrooms
- Premium 25 x 125 ft lot size
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning Custom Home in the Heart of Mimico! Welcome to this exquisite custom-built home by renowned mimico builder Midnight Homes. Completed in 2022, This elegant home features premium wide plank hardwood floors on both the main and upper levels, and a striking floating staircase with glass railings throughout. The chef's dream kitchen boasts built-in appliances, including a Wolfe stovetop, and a large waterfall island with a breakfast nook. The sophisticated open-concept living area includes a custom entertainment wall with quartz accents and built-in LED lighting, creating a perfect space for relaxation and gatherings. Step outside to a fully fenced backyard with a deck, interlock, garden, and LED lights for evening ambiance. Modern conveniences abound with automated windows offering UV ray protection film and one-way privacy. Located on a quiet, family-friendly one-way street in the lovely lakeside neighbourhood of South Mimico, this property is a wonderful opportunity to own a newly built home with all the modern amenities you desire. this contemporary masterpiece offers luxury living just steps from the lake and Lakeshore Village with its charming cafes, shops, and restaurants. Enjoy a short distance to the Mimico Cruising Club, tennis courts, walking trails, Humber Bay Shores, Mimico GO Station, and more. All just 10-15 minutes to downtown and the airport.
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Pricing & Value Insights
Data-driven valuation for 65 Lake Crescent, Toronto W06, ON M8V 1W2
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 $2,080,000 in Toronto, the legal minimum down payment is $416,000 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 $38,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $38,475 also applies, bringing the total estimated land transfer taxes to $76,950.
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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.
