80 Coral Gable Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humbermede. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,148,800 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.
- 7 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 45.26 x 116.34 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ATTENTION Investors Or Anyone That Wants Help Paying Their Mortgage. Live In One Unit, Rent The Other & Help Pay Your Mortgage! Currently Renting For $3300 Upstairs & $3000 For The Lower Unit. This Renovated Property Has 2 Separate Living Units. Upstairs Has 3 Large Bedrooms, Freshly Painted in 2024, New Laminate Floors 2023, New Kitchen 2024, Renovated 2nd Bathroom, Pot Lights, Large Windows. Lower Walkout Unit Has Been Fully Renovated At The End Of 2023, Features 4 Large Bedrooms, 2 Upgraded Washrooms, Kitchen With Open Concept To Living Area. Currently Being Rented (Tenants Willing To Stay Or Leave). Both Units Have Their Own Laundry Area. Roof Was Replaced In Approx 2021, Parking For 6 Large Cars, Both Units Have Access To Large Yard (116ft deep & Pies In Back)
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Pricing & Value Insights
Data-driven valuation for 80 Coral Gable Drive, Toronto W05, ON M9M 1P1
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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 $1,148,800 in Toronto, the legal minimum down payment is $229,760 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 $19,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,451 also applies, bringing the total estimated land transfer taxes to $38,902.
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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.
