101 Flora Drive, Toronto, ON

$879,000
MLS#:E9398078
4 beds
2 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $879,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 40 x 125 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a charming, tree-lined neighborhood 20 minutes to downtown Toronto, this well-maintained brick bungalow with a 40x125 ft property is looking for its new owner. This home with original hardwood floors, large windows that bathe the rooms in natural light, and a spacious basement with potential income or creating in-law suit. The kitchen has been updated with quartz counter top and undermount sink, while the bright, light-drenched living room with large windows is perfect for gatherings or quiet evenings. 3 bedrooms and an updated 4pc bathroom complete the main floor. There is a separate entrance to the lower level from the garage offering a cozy Rec Room, 4th bedroom with guest bathroom with potential to create a rental unit or in-law suite. A great backyard with patio area and large deck offers a peaceful retreat ideal for gardening or hosting summer barbecues. Backing onto open greenspace with no neighbours behind, providing a tranquil and peaceful setting. The spacious backyard is an entertainer's dream, ideal for hosting gatherings or simply enjoying the serenity of your surroundingsThis homes offer unmatched potential for investors & families alike. Don't miss out on this rare find! The carport has been turned into a garage with automatic garage opener for easy access but can be put back as carport for direct access to separate entrance .Conveniently located just a short walk to TTC and only 5 minutes away from Kennedy subway station. With quick access to the 401 and Scarborough Town Centre, you'll have endless shopping and dining options right at your fingertips. This home boasts not only convenience but incredible value.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size40 × 125 Feet
CountyToronto
Annual Tax$3,733.81
Legal DescriptionLOT 125, PLAN 4310 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Built-In Oven

Security Features

Community Features

Location

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101 Flora Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 101 Flora Drive, Toronto E04, ON M1P 1A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$62,900 (7.2%)
* Minimum Canadian down payment required for this price is $62,900.
Amortization Period25 Years
Estimated Monthly Payment$4,863Based on a loan of $816,100 over 25 years.
Purchase Price$879,000
Loan Amount$816,100
Provincial Land Transfer Tax:$14,055
Toronto Municipal Land Transfer Tax:$14,055
Total Estimated Closing Taxes:$28,110

About Purchasing a Home in Toronto, ON

For a property listed at $879,000 in Toronto, the legal minimum down payment is $62,900 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 $14,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,055 also applies, bringing the total estimated land transfer taxes to $28,110.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dorset Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$708,353

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ellesmere-Statton
Public739 Ellesmere Road, Scarborough, Toronto, Ontario, M1P 2W1
6.6
St Lawrence
Public2216 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P9
6.8
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2
St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
Precious Blood
Public1035 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2G8
6.3

Secondary Schools

Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Wexford Collegiate-Arts
Public1176 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2H7
5.3
Senator O’Connor
Public60 Rowena Drive, Toronto, Ontario, M3A 3R2
7.3
Victoria Park
Public15 Wallingford Road, Toronto, Ontario, M3A 2V1
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.