12 Homestead Road, Toronto, ON

$699,000
MLS#:E12151922
3 beds
3 baths
700-1100 sqft
4.0 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This listing is no longer active (Sold)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 1 1/2 Storey detached located in the coveted neighborhood of West Hill. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 43 x 125 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming home in serene West Hill, perfect for first-time home buyers and families! This adorable residence features a large living room with a cozy fireplace, offering views of mature birch trees and a grand oak, making it ideal for nature lovers who enjoy birdwatching right from their living room. The spacious kitchen and dining room overlook a lush backyard, which boasts a perennial berry patch with raspberries, strawberries, and blueberries.Upstairs, youll find two large bedrooms and an additional versatile room in the finished basement, perfect for a guest suite or family room. With 2.5 baths equipped with heated floors, recently replaced roof, floors and kitchen island, Lutron controlled lights and parking for four cars, this home offers both comfort and convenience.Step outside to discover an amazing backyard filled with mature trees, providing a serene oasis for relaxation and play. In the winter, enjoy your very own skating rink for family fun!Conveniently located just a five-minute drive from the Guildwood GO station, or a 15-minute bike ride away, commuting to downtown Toronto is a breeze. Explore the nearby trails and parks, including Guild Park and Gardens, the Great Lakes Waterfront Trail, and East Point Park, all within walking distance. Additionally, youre just a short drive from the Toronto Zoo, Colonel Danforth Park, Rouge Beach, and Rouge National Urban Park, where you can enjoy hiking, biking, fishing, and canoeing.For recreational activities, the Heron Park Community Centre, just a 15-minute walk away, features ice rinks, tennis courts, a baseball diamond, a splash pad, and an outdoor pool. The new, state-of-the-art Pan Am Recreation Centre is only a 10-minute drive away.This cheerful and bright home offers the perfect blend of tranquility and accessibility, with easy access to local favorites like Lamannas, Marks Pizza, The Black Dog Pub, and Highland Creek Village. Dont miss out on this gem!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 2, 2025
Sold price information is available to members only
Listed Date5/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick, Wood
BasementFinished
Lot Size43 × 125 Feet
CountyToronto
Annual Tax$3,318.94
Legal DescriptionLT 2 PL 4796 SCARBOROUGH CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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12 Homestead Road, 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 12 Homestead Road, Toronto E10, ON M1E 3R9

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$44,900 (6.4%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period25 Years
Estimated Monthly Payment$3,898Based on a loan of $654,100 over 25 years.
Purchase Price$699,000
Loan Amount$654,100
Provincial Land Transfer Tax:$10,455
Toronto Municipal Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$20,910

About Purchasing a Home in Toronto, ON

For a property listed at $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.

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 West Hill, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$954,004

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

St Martin de Porres
Public230 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3E1
4.7
St Margaret
Public235 Galloway Road, Scarborough, Toronto, Ontario, M1E 1X5
7.4
St Malachy
Public80 Bennett Road, Scarborough, Toronto, Ontario, M1E 3Y3
5.6
St Ursula
Public215 Livingston Road, Scarborough, Toronto, Ontario, M1E 1L8
6.7
Saint-Michel
Public29 Meadowvale Road, Scarborough, Toronto, Ontario, M8Y 1R7
6.2

Secondary Schools

West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9
Sir Wilfrid Laurier
Public145 Guildwood Parkway, Scarborough, Toronto, Ontario, M1E 1P5
6.2
Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9

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.