16 Caravan Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,298,000 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 2000-2500 sqft on a premium 65 x 110 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity! Exceptional Sprawling Ranch BungalowThis beautifully maintained ranch-style bungalow offers a perfect blend of elegance and functionality. Featuring 2 spacious bedrooms, can be converted into 3 bedrooms, and 3 bathrooms, this home is designed for comfortable living and effortless entertaining.Step into a grand foyer with an impressive 11-foot ceiling andskylight, filling the space with natural light. The inviting sunken living room boasts hardwood flooring, while the generously sized dining room is ideal for hosting gatherings.The main floor family room provides a seamless walk-out to a private patio perfect for relaxing or entertaining outdoors.A striking circular staircase leads to a large lower level, offering incredible additional living space. Complete with a recreation room and nanny suite or ample storage options, this level adds versatility to suit your needs. A truly special property that shows beautifully-don't miss this rare opportunity!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Park, Public Transit, School
Interior Features
Auto Garage Door Remote
Security Features
Alarm System
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 16 Caravan Drive, Toronto C13, ON M3B 1N2
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 $2,298,000 in Toronto, the legal minimum down payment is $459,600 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 $43,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,925 also applies, bringing the total estimated land transfer taxes to $87,850.
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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.
