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Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $875,000 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.
Nestled on a quiet, no-through-traffic street in desirable Scarborough, this charming family home offers the perfect blend of comfort, warmth, and convenience. Surrounded by a welcoming streetscape, the property boasts inviting curb appeal that immediately feels like home. Inside, a bright and spacious combined living and dining area features beautiful hardwood floors and an open layout-ideal for hosting gatherings or enjoying everyday family life. The eat-in kitchen provides a cozy space for casual meals and morning coffee, with plenty of natural light coming in from the large skylight. Step outside to a lovingly maintained, fenced backyard with a beautiful patio area-perfect for children, pets, and outdoor entertaining. The tiered gardens create a serene, layered landscape for gardening enthusiasts, while two handy sheds offer excellent storage options. Just a short distance to Cedarbrae Mall, grocery stores, Scarborough General Hospital, public and Catholic schools, Eglinton GO station and located just moments from the scenic Highland Creek trails where you'll enjoy easy access to walking and cycling paths, bringing nature right to your doorstep.
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Hospital, Library, Park, Place Of Worship, Public Transit, School
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This could be the first listing for this address.
Data-driven valuation for 8 Gaiety Drive, Toronto E09, ON M1H 1C1
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 $875,000 in Toronto, the legal minimum down payment is $62,500 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 $13,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,975 also applies, bringing the total estimated land transfer taxes to $27,950.
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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.