81 Rakewood Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of L'Amoreaux. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 20 x 110 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Spacious Semi-detached House With Rental Income Potential In The Heart Of Scarborough. Convenient Transportation and Closing To Bus Stops will be Ideal For Commuters.Top-Rated School District:David Lewis Publish School, St.Sylvester Catholic School,Silver Springs Public School,Yorkland High School Near By, Perfect For Families.Convenience Life: Close to Pacific Mall, Fengya Supermarket, Banks, Pharmacies, and Diverse Restaurants. Nice Chinese Community Which has Safe Community, Tranquil Lifestyle and Culturally Vibrant Neighborhood. South-Facing Layout : Abundant Sunlight and Clear Floor Plan. Full Renovation: Comprehensively Upgraded in Feb 2024 With More Than $100,000 Total Cost,Premium Craftsmanship,Thoughtful Layout With Refreshed Interiors Throughout.Lots of New Upgrates and Renovation , Whole-House Improvements, New Flooring & Tiles,New Driveway Paving ,New AC ,New Boiler ,New Insulation Upgrade,New Electrical Panel Upgrade ,Main Floor Renovations: Kitchen Renovation, New Cabinets, Countertops, Island ,Kitchen Sin ,New Appliances (Fridge/Stove/Dishwasher),Main Floor Bathroom,Staircase Replacement,Second Floor Upgrades,Primary Bathroom and Second Bathroom Renovation ,New Custom-Built Wardrobes (x3). Basement Renovation: New Kitchen Sink,New Kitchen Countertop,Range Hood,Bathroom Renovation.All Ready to Move In. Super-Long New Finished Drive Way With No Side Walk , One Car Can Park In The Garage, Three Cars Can Park On The Drive Way. Potential Seprate Entrance with New Completely Finished Basement Are Good For Seperated Renting.
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Pricing & Value Insights
Data-driven valuation for 81 Rakewood Crescent, Toronto E05, ON M1V 1M6
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.
