88 Merryfield Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,079,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 125 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience this beautifully redesigned 3+3 bed, 3.5 bath home on a premium 50X125 ft lot, meticulously updated from top to bottom with exceptional attention to detail. Featuring two modern kitchens and extensive updates completed in 2022, including new windows, doors, furnace, A/C, and interlock. 200 AMP. Every upgrade was done with care and precision. Over $300,000 in renovations have turned this home into the perfect blend of comfort and opportunity. Whether you're a family looking for space to grow or an investor looking for high rental potential, this property checks every box. Nestled in one of Scarborough's most desirable pockets, this home offers unbeatable convenience, just a short walk to major transit stops (including Kennedy Rd) and a quick drive or transit ride to Scarborough Town Centre. Surrounded by parks, community amenities, and nearby schools, it provides the perfect balance of comfort, accessibility, and long-term value. Move-in ready, fully finished, and ready to impress! Discover the property you'll want to call home the moment you step inside.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 88 Merryfield Drive, Toronto E04, ON M1P 1K2
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 $1,079,000 in Toronto, the legal minimum down payment is $215,800 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 $18,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,055 also applies, bringing the total estimated land transfer taxes to $36,110.
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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.
