140 Meadowvale Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $988,800 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 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50 x 150 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This income-producing property features three self-contained units *Welcome to 140 Meadowvale Rd a beautifully renovated detached bungalow on a massive 50x150 ft lot, surrounded by custom homes and offering incredible versatility for end-users, investors, or builders.* Main floor offers a rare layout with two full 3-piece bathrooms giving the primary bedroom its own private ensuite * Open-concept kitchen with granite countertops, stainless steel appliances, and premium hand-scraped vinyl floors * Separate entrance to basement with shared laundry plus private laundry for the main floor * Basementincludes a spacious 1-bedroom suite with full kitchen, living, and dining area, plus a bachelor-style unit with kitchenette, 3-piecebath, and built-in closets * Massive deck walks out to a private, tree-lined backyard perfect for entertaining * Detached garage extends into the yard and functions as a workshop; Unbeatable location minutes to Hwy 401, Guildwood GO Station, TTC, UofT Scarborough, Port Union Waterfront, parks, and scenic trails * Live in one unit and rent out the others, or fully lease for strong monthly cash flow an exceptional turnkey investment in a rapidly growing neighbourhood. *
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Features
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Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 140 Meadowvale Road, Toronto E10, ON M1C 1S1
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 $988,800 in Toronto, the legal minimum down payment is $73,880 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 $16,251 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,251 also applies, bringing the total estimated land transfer taxes to $32,502.
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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.
