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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
Discover this solid brick 2-bedroom bungalow nestled in the desirable Alderwood neighbourhood! This property offers a perfect blank canvas and excellent opportunity to bring your renovation dreams to life. Whether you choose to renovate or build on this 30 x 132 foot lot, the possibilities are endless. The home features a long private drive allowing for ample parking and a detached garage, rebuilt just 7 years ago, providing storage and convenience. Updated roof and furnace help to ensure the essentials are taken care of. Enjoy the serenity of a private yard and the convenience of a prime location near great schools, parks, the lakefront, Etobicoke Ravine and walking trails. Youll have easy access to public transit, major highways, shops, restaurants, Farmboy grocer, Sherway Gardens, downtown and the airport. This is a fantastic opportunity to create your dream home in a family-friendly community, surrounded by newly built homes in a thriving area.
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Data-driven valuation for 187 Aldercrest Road, Toronto W06, ON M8W 4J5
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.