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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,900,000 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.
BUILD YOUR OWN LUXURY CUSTOM-BUILT HOME in the prestigious Highland Creek community! This rare offering provides over 8,000 sq. ft. of total living space. Approximately 5,000 sq. ft. above grade and 3,000 sq. ft. in the basement, Crafted for those seeking modern elegance, sophistication, and complete design freedom.Enjoy 12-ft ceilings on the main floor, 10-ft ceilings on the second, and an impressive 10.6-ft basement, creating an airy, grand atmosphere throughout. With 12 bedrooms and 10 bathrooms, the home features contemporary architecture, designer finishes, and exceptional craftsmanship. All of which can be fully customized to your taste, including the option to redesign or change the entire layout before construction begins.Buyers can enhance their home even further with exclusive upgrade options such as an elevator, butler's kitchen, garden suite, or luxury backyard swimming pool. Every detail can be tailored to your vision, offering limitless possibilities.For added peace of mind, the build is protected by a Tarion New Home Warranty, ensuring quality, security, and confidence in your investment.Extraordinary opportunity: Buyers also have the option to purchase the property and land in its current state for $1.5M before demolition and construction. Allowing complete flexibility to build at your own pace or explore future development potential.Endless possibilities to create the custom luxury home you've always envisioned. All in one of Toronto's most sought-after neighbourhoods.
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Data-driven valuation for 816 Meadowvale Road, Toronto E10, ON M1C 1T3
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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 $2,900,000 in Toronto, the legal minimum down payment is $580,000 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 $58,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,975 also applies, bringing the total estimated land transfer taxes to $117,950.
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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.