67 Torrance Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Eglinton East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $898,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50.17 x 106 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 67 Torrance Road - a home that truly adapts to the way families live today. Set on a wide 50-ft lot in a well-established Scarborough neighbourhood, this solid detached home offers a thoughtfully designed 3+2-bedroom layout with 2 full bathrooms, perfect for multi-generational living or families looking for a built-in mortgage helper. The main floor features bright, comfortable living spaces with room to grow, while the fully finished lower level provides a separate living area with its own kitchen - ideal for extended family, adult children, or generating additional income to help offset monthly expenses. One of the standout features is the ample parking and storage, including a garage, fully enclosed carport, and double-wide driveway - offering convenience, flexibility, and plenty of space for multiple vehicles or hobbies. Step outside to a private backyard with room for kids, pets, and summer entertaining. The generous lot also provides future potential to personalize or expand over time. Located close to schools, parks, shopping, and transit, this is a neighbourhood where families stay and grow - offering both convenience and long-term value. See link for a summer view https://maps.app.goo.gl/Pn1SXpcDcbPtVjib9
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Pricing & Value Insights
Data-driven valuation for 67 Torrance Road, Toronto E08, ON M1J 2J6
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 $898,000 in Toronto, the legal minimum down payment is $64,800 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 $14,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,435 also applies, bringing the total estimated land transfer taxes to $28,870.
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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.
