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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $971,001 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.
Welcome to a home that perfectly blends space, style, and exceptional convenience-ideal for first-time home buyers or investors seeking strong rental income potential. This property boasts direct backyard access to a peaceful park and is just a 1-minute walk to Churchill Heights P.S. with no need to cross major roads-making it a dream for families with young children. Enjoy seamless access to transit, with a 2-minute walk to the main road offering direct bus routes to Scarborough Town Centre and beyond. Located minutes from Hwy 401, Centennial College, University of Toronto Scarborough Campus, Woburn Collegiate, and Centenary Hospital, this home places education, healthcare, shopping, and commuting all within easy reach. Whether you're looking to move in or rent out, this well-positioned gem offers lifestyle and investment value in one of Scarborough's most desirable pockets.
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Park, School
Carpet Free, Storage, Water Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 74 Mountland Drive, Toronto E09, ON M1G 2P1
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 $971,001 in Toronto, the legal minimum down payment is $72,100 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 $15,895 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,895 also applies, bringing the total estimated land transfer taxes to $31,790.
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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.