87 Toledo Road, Toronto, ON

$1,175,000
MLS#:W9509227
3 beds
1 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,175,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 59.46 x 100.14 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 87 Toledo Road! Spacious Three Bedroom Bungalow in the popular Markland Wood Community awaits your personal touch! Original owner since 1963 . Exceptionally large L-shape Living and Dining Room with Stone Fireplace, Wall-to-Wall Windows and Walk-out to Deck and private Yard. Bright, Eat-in Kitchen. Three generous-sizeBedrooms. Separate Entrance to Lower level offers huge L-shaped Recreation Room, separate Laundry Room & Furnace Room plus Den/Office. In the heart of a well-established Family neighbourhood - just minutes to Shopping, Schools, Parks, Transit, the Airport and Highway,

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Metal/Steel Siding
BasementSeparate Entrance, Finished
Lot Size59.46 × 100.14 Feet
CountyToronto
Annual Tax$5,758
Legal DescriptionPCL16-1,SEC M854; LT16,PL M854;ST B54887, B854888

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Built-In Oven, On Demand Water Heater, Storage

Security Features

Community Features

Location

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87 Toledo Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 87 Toledo Road, Toronto W08, ON M9C 2J1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$235,000 (20.0%)
* Minimum Canadian down payment required for this price is $235,000.
Amortization Period25 Years
Estimated Monthly Payment$5,602Based on a loan of $940,000 over 25 years.
Purchase Price$1,175,000
Loan Amount$940,000
Provincial Land Transfer Tax:$19,975
Toronto Municipal Land Transfer Tax:$19,975
Total Estimated Closing Taxes:$39,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,175,000 in Toronto, the legal minimum down payment is $235,000 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 $19,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,975 also applies, bringing the total estimated land transfer taxes to $39,950.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Markland Wood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,103,478

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Nativity of Our Lord
Public35 Saffron Crescent, Etobicoke, Toronto, Ontario, M9C 3T8
7.7
Josyf Cardinal Slipyj
Public35 West Deane Park Drive, Etobicoke, Toronto, Ontario, M9B 2R5
8.4
Our Lady of Peace
Public70 Mattice Avenue, Etobicoke, Toronto, Ontario, M9B 1T6
6.4
Mother Cabrini
Public720 Renforth Drive, Etobicoke, Toronto, Ontario, M9C 2N9
6.9
St Ambrose
Public20 Coules Court, Etobicoke, Toronto, Ontario, M8W 2N9
7.4

Secondary Schools

Silverthorn
Public291 Mill Road, Etobicoke, Toronto, Ontario, M9C 1Y5
6.3
Martingrove
Public50 Winterton Drive, Etobicoke, Toronto, Ontario, M9B 3G7
6.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.