8 Caravan Drive, 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 brick construction, this residence presents an exceptional opportunity offered at $2,888,888 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 75 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully renovated family home on an exceptional 75 x 100 ft south facing lot in the coveted Denlow school district. Offering oversized principal rooms, a true family layout, and thoughtfully curated upgrades throughout, this warm and inviting residence seamlessly blends timeless charm with modern functionality. Recently renovated with approximately $400,000 invested into intelligent upgrades including smart home integration, brand new kitchen and appliances, heated basement floors, Tesla charger, sprinkler system, custom wood cabinetry, and a fully finished lower level featuring a gym, sauna, and additional bedroom. The spacious eat in kitchen walks out to professionally designed gardens and an incredibly private south facing backyard oasis that truly feels like a gardener's paradise. Exceptional opportunity in one of Toronto's most established and sought after family neighbourhoods, just steps to top ranked schools, parks, and Banbury Community Centre.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Auto Garage Door Remote, Built-In Oven, Carpet Free, Storage, Water Heater Owned
Security Features
Alarm System, Carbon Monoxide Detectors, Monitored
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Caravan Drive, Toronto C13, ON M3B 1N1
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 $2,888,888 in Toronto, the legal minimum down payment is $577,778 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 $58,697 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,697 also applies, bringing the total estimated land transfer taxes to $117,394.
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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.
