16 Songwood Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Humbermede. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,072,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 30 x 150 ft lot
- Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor, Water Heater, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fantastic opportunity in a top Toronto location! 16 Songwood Drive is a well-maintained, updated semi-detached bungalow featuring 3 bedrooms and 2 full baths on the main level. Freshly painted with new flooring throughout, oversized living room with walkout to balcony, and modern light fixtures. The walkout basement apartment offers 2 bedrooms, updated bath, spacious kitchen and living area, plus two separate entrances (front and back) ideal setup for extended family or rental income.The backyard is made for entertaining, with a stylish pool cabana, two sheds, and plenty of space to enjoy. Spacious driveway, modern garage door, and a rare attached office at the rear of the home.Located steps to shopping, schools, groceries, banks, and more and it backs directly onto the Finch West LRT line for unbeatable transit access. Move-in ready with flexibility and income potential in a truly AAA location!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard
Interior Features
Primary Bedroom - Main Floor, Water Heater, Storage, In-Law Suite, Auto Garage Door Remote
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Songwood Drive, Toronto W05, ON M9M 1X3
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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 $1,072,000 in Toronto, the legal minimum down payment is $214,400 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 $17,915 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,915 also applies, bringing the total estimated land transfer taxes to $35,830.
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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.