7 Merredin Place, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,480,000 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.
- 6 Bedrooms and 6 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 50.5 x 130 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Extraordinary luxury residence nestled in the exclusive Denlow enclave, a tranquil oasis on a private cul-de-sac. Built in 2008, this custom-built home spans 4207 sqft (MPAC), and exudes modern elegance with its stately stone exterior and grand interior heights 10 ft. on the main floor, 9 ft. on the second, and 9 ft. in the walk-up basement. Thoughtfully designed, this bright and spacious home is flooded with natural light, thanks to large energy-efficient windows and an oversized skylight that elegantly illuminates both floors, cascading through the grand central opening and infusing the space with warmth. The pie-shaped, fully fenced expansive backyard, bordered by tall, mature trees, offers complete privacy and evokes a sense of cottage life in the city. The custom chefs kitchen, complete with an expansive granite-topped island, is ideal for entertaining, while the basement boasts a striking stone fireplace and wet bar for cozy gatherings; 200AMPS electrical With Tesla Charger; Situated minutes from Hwy 404 & 401, Shops at Don Mills, scenic parks and trails, and the prestigious Donalda Golf Club, the location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. This home is a rare gem, perfect for families seeking luxury, comfort, and convenience in a prime neighborhood. Freshly Painted & Move-in ready!
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Pricing & Value Insights
Data-driven valuation for 7 Merredin Place, Toronto C13, ON M3B 1S7
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 $3,480,000 in Toronto, the legal minimum down payment is $696,000 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 $73,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,475 also applies, bringing the total estimated land transfer taxes to $146,950.
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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.
