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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Victoria Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
**Breathtaking Views**Discover a unique opportunity to create your dream home on a generous lot boasting expansive, picturesque views. This charming bungalow sits on a one-of-a-kind lot that both sides and backs onto a serene park, featuring rolling hills and a dedicated biking/walking trail. The abundance of land allows the opportunity to renovate the existing structure or start fresh with new construction. This property offers the canvas for your vision. Key Features: Stunning Natural Backdrop - Enjoy spectacular views and immediate access to lush parkland, perfect for outdoor enthusiasts and those seeking a tranquil retreat. Generous Lot - The property provides ample space, inviting you to expand, redesign, or simply savour the scenic beauty that surrounds you. Prime Location - Situated in a highly desirable area with top-rated schools, diverse shopping options, TTC access, and major highways only minutes away, this location is rated 10+ for convenience. Whether inspired to renovate the existing bungalow or build a brand-new home, this property is ready to evolve into your lifetime dream home. Embrace the chance to blend modern amenities with natural beauty and create a residence that truly reflects your personal style and vision.
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This could be the first listing for this address.
Data-driven valuation for 96 Elvaston Drive, Toronto C13, ON M4A 1N6
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 $1,100,000 in Toronto, the legal minimum down payment is $220,000 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 $18,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,475 also applies, bringing the total estimated land transfer taxes to $36,950.
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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.