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Welcome to this remarkable Backsplit 5 semi-detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick and vinyl siding 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.
When opportunity knocks, you answer. Walking in for the first time, you'll see what we mean. "Like no other" this 5-level backsplit is a rarity, offering 5 bedrooms and 3 full washrooms!! This home works for many: from the multi-generational family who want their own living space, to the no-hassle investor supporting student housing or if you happen to be a savvy investor you'll love the potential of creating 3 separate units with minimal alterations. Across 5 storeys, there are 2 floors with 2 bedrooms each with a full bathroom and a top-floor 1-bedroom suite with a walkout to a private balcony. (And it's a big balcony). Loads of storage in the crawl space (so be sure to peak in there!). Students are just 15-30 min commute to Centennial College & U of T. *An excellent walkable neighbourhood for errands & transit. **Owner occupied - a well-loved home for over 30 years**
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Public Transit, Rec./Commun.Centre, School, Park, Place Of Worship, Fenced Yard
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This could be the first listing for this address.
Data-driven valuation for 82 Lochleven Drive, Toronto E08, ON M1M 2Z3
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 $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.