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Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
86 Hill Cres is a solid all-brick, five-level very spacious backsplit located on one of the Bluffs' most sought-after streets. Set on a large lot with a 73-foot frontage, extending over 200 feet in depth, With a spacious layout and strong foundation, the property provides plenty of potential for updates or customization. Whether you envision a sleek modern update, a timeless transformation, or maintaining its classic charm, this home offers endless possibilities. The deep lot provides ample outdoor space in a well-established neighbourhood. A unique chance to own a spacious home on a generous lot in a highly sought-after location.
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Data-driven valuation for 86 Hill Crescent, Toronto E08, ON M1M 1J6
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 $1,499,900 in Toronto, the legal minimum down payment is $299,980 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 $26,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,473 also applies, bringing the total estimated land transfer taxes to $52,946.
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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.