67 Mcdonald Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Oakridge. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 35.01 x 138.58 ft lot
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a 4 bedroom home offering incredible potential in one of Scarborough's most convenient and scenic neighbourhoods. The property features a spacious, functional layout with well-proportioned bedrooms and a main-floor design ready for your vision, along with strong investment appeal thanks to two units with rental potential of approximately $1,700 each. The location is truly exceptional, just minutes from Lake Ontario, waterfront parks, beaches, and scenic trails, as well as shopping, grocery stores, cafes, transit, and reputable schools. This home offers a rare opportunity to create your ideal living space or maximize income potential while enjoying all the convenience, natural beauty, and lifestyle benefits this desirable Scarborough pocket provides.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 67 Mcdonald Avenue, Toronto E06, ON M1L 3Y7
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.
