98 Silvio Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clairlea-Birchmount. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $998,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 40 x 142.62 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Floor Drain, In-Law Capability, Rough-In Bath
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 98 Silvio Avenue. A Rarely Offered Gem in the Heart of Scarborough. Lovingly maintained by the same proud owners for over 40 years, this charming detached home is nestled on one of the deepest lots in the neighbourhood, offering a rare combination of space, comfort, and potential. This sun-drenched, south-facing home boasts tons of natural light throughout, with a beautifully maintained lawn, freshly painted interiors, new doors on the main floor and some newer windows. The home retains its original wood floors, adding warmth, character, and timeless appeal. Ideal for multigenerational living or added rental income, this property offers great potential for an in-law suite or basement apartment. Step into the backyard and discover more than just outdoor space, you'll find a herb and vegetable garden, along with a selection of berry plants, perfect for the green thumb or anyone who appreciates fresh, homegrown produce. Just a 2-minute walk to Dunlop Parkette, where kids can enjoy the open splash pad and green space, this home is perfectly positioned on a quiet street between Warden Station and the Scarborough GO. A quick and easy commute to downtown Toronto is made even more convenient with the upcoming Eglinton Crosstown LRT nearby. This is more than just a house, it's a home filled with decades of care, pride, and joy, waiting for its next chapter. Don't miss your opportunity to own a piece of this vibrant, family-friendly community.
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Floor Drain, In-Law Capability, Rough-In Bath
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Property History
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Pricing & Value Insights
Data-driven valuation for 98 Silvio Avenue, Toronto E04, ON M1K 1V3
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 $998,900 in Toronto, the legal minimum down payment is $74,890 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 $16,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,453 also applies, bringing the total estimated land transfer taxes to $32,906.
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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.
