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Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Ionview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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.
Welcome to 89 Chelwood Road, a charming family home nestled on a quiet, tree-lined street in the heart of Scarborough, just steps from Eglinton Avenue. Lovingly cared for by the same family for over 60 years, this solid property offers great potential for the next generation of homeowners. Step inside to a bright, spacious living room that flows into the original kitchen area, now enhanced by a two-storey rear addition (approx. 16 x 11 ft on both main and basement levels). Enjoy your morning coffee on the sunny south-facing deck, just off the kitchen. Upstairs, you'll find three bedrooms filled with natural light. The full height basement features three large unfinished rooms, perfect for a workshop, rec room, or future living space ideal for those with a handyman vision. The private backyard is fenced on both sides and bordered by mature trees, offering a peaceful retreat. This home offers strong bones and endless potential, ready for your updates and personal touches. Conveniently located near transit, shopping, parks, schools, and places of worship.
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Hospital, Library, Park, Place Of Worship, Ravine, Public Transit
Water Heater
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Data-driven valuation for 89 Chelwood Road, Toronto E04, ON L1H 1C7
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 $699,900 in Toronto, the legal minimum down payment is $44,990 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 $10,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,473 also applies, bringing the total estimated land transfer taxes to $20,946.
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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.