7 Mulberry Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $874,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 25.03 x 105.14 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention all builders, renovators, house flippers and first time home buyers! Bright & clean renovated bungalow. Located in the desirable area surrounded by parks, excellent schools, shopping, restaurants, community centres & transit. Walking distance to St. Clair Ave West, Wychwood Barns, Eglinton LRT, Oakwood Village & Cedarvale Ravine. Area schools include St Michael's College, Leo Baeck, J.R Wilcox. Be apart of this young & thriving community. The house sits on a 25.03 x 105.14 lot & is located on a quiet cul de sac where kids can play safely & neighbours look out for each other. This bungalow has been renovated with a new kitchen. It's bright and cheerful with new light fixtures throughout. This home has an extra long paved private driveway, leading to a solid brick double garage. It features 1" + 2 bedrooms, 2 bathrooms, fully finished basement with a separate entrance & a rough-in kitchen & a 4 piece bathroom. This house has plenty of storage on both floors. It's literally move-in & enjoy and is a great alternative to condo & has options for end users, investors or builders/ renovators. Permit ready plans. Passed Committee of Adjustments to build 3000 sq ft above ground 4 (+1) bedrooms & 4 (+1) bathrooms house with integrated garage.
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Pricing & Value Insights
Data-driven valuation for 7 Mulberry Crescent, Toronto C03, ON M6C 1N4
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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 $874,000 in Toronto, the legal minimum down payment is $62,400 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 $13,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,955 also applies, bringing the total estimated land transfer taxes to $27,910.
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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.
