16 Cresthaven Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Hillcrest Village. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,063,200 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 50.05 x 120.13 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention investors, renovators, and first-time home buyers! This is the opportunity you've been waiting for. Located in a family-friendly neighbourhood with top-rated schools, this property offers exceptional potential and value. Featuring two separate units, this home provides an excellent opportunity for rental income or multi-generational living. The spacious backyard includes a large deck, perfect for entertaining family and friends. Conveniently situated within walking distance to great schools, Seneca College, sports clubs and transit. Just minutes to Fairview Mall, Highway 404, and Highway 401, making commuting and daily errands a breeze. Don't miss this fantastic opportunity in a highly desirable location! Allow 72 hrs irrevocable. Seller standard schedules to accompany all offers. Buyers to verify taxes, rental equipment, parking and any fees.
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Pricing & Value Insights
Data-driven valuation for 16 Cresthaven Drive, Toronto C15, ON M2H 1L7
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 $1,063,200 in Toronto, the legal minimum down payment is $212,640 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 $17,739 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,739 also applies, bringing the total estimated land transfer taxes to $35,478.
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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.
