118 Palm Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Clanton Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,485,000 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.
- 7 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 171.55 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 118 Palm Drive, a rare opportunity in the highly sought-after Clanton Park neighbourhood. Set on an impressive 50' x 171' premium lot, this well-maintained and generously sized bungalow offers 4+3 bedrooms and 4 bathrooms, presenting exceptional versatility for families, investors, or builders alike. The main level features four spacious bedrooms, including a primary retreat with an ensuite bathroom, along with a bright and expansive living and dining area ideal for entertaining. The large, sun-filled kitchen offers ample space and endless potential to design your dream culinary hub. A separate entrance leads to the finished basement, providing additional living space perfect for an extended family, guests, or future income potential. To top it off, the property comes with architectural plans, permits, and Committee of Adjustments approval already in place, offering a streamlined path to renovate or build your dream home with confidence and ease. Whether you're looking to move in, renovate, or build, this home delivers outstanding flexibility in one of Toronto's most desirable locations. Perfectly positioned for commuters, this home boasts exceptional connectivity with quick access to Allen Road, Highway 401, and nearby subway stations, making travel throughout the city seamless and efficient. Ideally located minutes from parks, top-rated schools, shopping, transit, and places of worship, 118 Palm Drive combines space, convenience, and opportunity in one exceptional offering. Don't miss your chance to secure this remarkable property. Plans available upon request!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 118 Palm Drive, Toronto C06, ON M3H 2C4
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 $1,485,000 in Toronto, the legal minimum down payment is $297,000 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 $26,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,175 also applies, bringing the total estimated land transfer taxes to $52,350.
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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.
