Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,699,988 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.
Rare opportunity in prestigious Bayview Village! Exceptional 120 ft frontage ravine lot, approximately 10,920 sq. ft., backing and siding onto lush ravine greenery. Rare oversized lot with 67A & 67B, two large homes, three separate units, possible 4-lot severance or townhouse redevelopment, municipal approval will be allowed. This spacious, upgraded backsplit family home features two renovated separate units, ideal for multi-generational living, rental income, investment, or future custom build. Recently updated with 3 renovated bathrooms, 2 renovated kitchens, new laminate flooring throughout, and a newer lower-level kitchen and 2022 upgrade windows. Enjoy two walkouts to the side and rear ravine, offering privacy and natural views. Large newer pergola enhances the outdoor living space. Prime location in the heart of Bayview Village-steps to top-rated schools, subway, Bayview Village Shopping Centre, parks, transit, and all amenities. Live, rent, invest, or build your dream home on this fantastic premium lot!
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Built-In Oven, Auto Garage Door Remote, Water Heater
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Data-driven valuation for 67 Burbank Drive, Toronto, ON M2K 1N3
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 $2,699,988 in Toronto, the legal minimum down payment is $539,998 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 $53,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,975 also applies, bringing the total estimated land transfer taxes to $107,949.
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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.