Welcome to this remarkable vacant land located in the coveted neighborhood of Scarborough Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,200,000 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.
ATTENTION DEVELOPERS, BUILDERS & INVESTORS! Offered as an vacant land for this Rare and exceptional opportunity to acquire a massive0.41 Acres / 17,900 sq ft lot in the heart of highly sought-after Scarborough Village. This extraordinary park-like lot features an impressive 45.6ftfrontage and extends an incredible ~390ft deep, making it the ultimate site for a luxury custom estate or a Missing Middle high-yield multi residential build. Under Toronto's progressive multiplex bylaws, build up to 4-plex without minor variances, or add a detached rear garden suite to maximize rental doors! The existing 1956 detached 1.5-storey side-split features 3 beds, 2 baths, Finished Basement. Property is being sold in "as-is, where-is" condition ideal for a complete top-to-bottom renovation or immediate demolition. Superb family-friendly community just minutes to the Eglington/Guildwood GO Station, Scarboro Gold & Country Club, excellent schools, shopping, parks, & transit. Bring your vision and unlock massive upside potential! Property is not be in habitable condition and is sold in as-is where is and makes no representations or warranties as to the state of the property.
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Data-driven valuation for 96 Dunelm Street, Toronto, ON M1J 3G1
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 $1,200,000 in Toronto, the legal minimum down payment is $240,000 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 $20,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,475 also applies, bringing the total estimated land transfer taxes to $40,950.
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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.