8 Wonderland Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,999 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 100 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 8 Wonderland Dr! Full of potential and waiting for your personal touch. This full brick home on a 50x100ft lot is located on a quiet, family oriented Morningside neighbourhood, boasting 3+2 bedrooms, 2 kitchens and a separate side entrance via solarium to the finished basement. Over 1200sqft of above ground living space with a 946sqft finished basement, this raised bungalow is ready to create new family memories. Complete with an inground pool, 2 fireplaces and 5 bedrooms in total, the renovation potential is endless to make it your own. Close to the 401, U of T Scarborough Campus, Centennial College & Stanford College. Just minutes to Morningside Park featuring ravine, hiking and bike trails, picnic areas and playgrounds.
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Pricing & Value Insights
Data-driven valuation for 8 Wonderland Drive, Toronto E09, ON M1G 2Y1
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 $649,999 in Toronto, the legal minimum down payment is $40,000 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 $9,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,475 also applies, bringing the total estimated land transfer taxes to $18,950.
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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.
