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Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Glenfield-Jane Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.
Highly sought-after semi-detached bungalow on a premium corner lot. This very well cared for home has been recently updated. The main floor boasts 3 generous bedrooms with closets. The combined living and dining rooms are bright, and spacious enough to accommodate large family gatherings. The eat-in country kitchen features updated cabinetry and full-sized appliances. A separate side entrance leads to a recently updated finished basement complete with modern vinyl flooring, 3 piece bath, huge family room, laundry, two cold rooms and a roughed-in Kitchen. Ideal for possible future income. Huge corner lot with a private double driveway which can easily accommodate a carport or garage. Steps to Public transit, parks, schools, York University, and shopping. Conveniently located close to all major highways. This home is a gem and must be seen!
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Data-driven valuation for 15 Magellan Drive, Toronto W05, ON M3L 1T6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.