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Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Bendale. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $850,000 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.
Welcome to 8 Oakley Blvd, this home has been lovingly cared for by the original owner for 65 years! This backsplit property showcases high vaulted ceilings, oversized front picture window and 2 skylights allowing for plenty of light on the main floor. This desirable sought after tree-lined street sits in the heart of Midland Park community, a family friendly neighbourhood surrounded by plenty of green space. The home features 3 generous sized bedrooms on the upper level. Lower level features a large rec room area + 2 piece bath with a separate side entrance offering a versatile private space for multi-generational families. Backyard is fully fenced, with beautiful lush perennial gardens. New Roof replaced in 2023. This Prime Scarborough Location is walking distance to TTC, has easy access to 401and minutes to Scarborough Town Centre offering plenty of shopping and dining options. This property is an ideal opportunity for first time buyers to get into a fully detached home, don't let this "never been to market" home pass you by!
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Carpet Free
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Data-driven valuation for 8 Oakley Boulevard, Toronto E09, ON M1P 3P4
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 $850,000 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.