196 Meadowvale Road, Toronto, ON

$1,458,000
MLS#:E9268126
6 beds
4 baths
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,458,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Premium 47 x 155.35 ft lot size
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Carpet Free, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Opportunity of a Lifetime to own this Upgraded 4+2 Br , 4 Wr Home on a very Rare 155 ft Deep Lot backing onto Ravine in this posh Neighbourhood between Highland Creek & Port Union!!! With approx. 3600sft of Spacious Living Space to a very Rare 2 Storied Grand Foyer, Stunning Wood Spiral Stairs, 9ft ceilings, a Rare 6 Car Driveway & even a huge Basement Potential Income w/Separate Entrance. this is the ideal Home to Own! Just Move in & Enjoy. Enter this Grand Home thru its Double Door Entrance into a Grand 2 Storied Foyer and into spacious Liv & Dining Rooms, A Family Room with an Open Concept Upgraded Kitchen. The 2nd Floor has 4 great size Bedrooms with Hardwood throughout>>>>> Steps to Schools,Parks,All Amenities, Close to Lake, Hwy 401, University of Toronto & Centennial College

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment, Separate Entrance
Lot Size47 × 155.35 Feet
CountyToronto
Annual Tax$5,671
Legal DescriptionPRT OF THE KINGS HIGHWAY 2A, REGISTRARS COMOPLIED PL 9887, PRT-17949

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Carpet Free, Auto Garage Door Remote

Security Features

Community Features

Location

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196 Meadowvale Road, Toronto, ON
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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 196 Meadowvale Road, Toronto E10, ON M1C 1S4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$291,600 (20.0%)
* Minimum Canadian down payment required for this price is $291,600.
Amortization Period25 Years
Estimated Monthly Payment$6,951Based on a loan of $1,166,400 over 25 years.
Purchase Price$1,458,000
Loan Amount$1,166,400
Provincial Land Transfer Tax:$25,635
Toronto Municipal Land Transfer Tax:$25,635
Total Estimated Closing Taxes:$51,270

About Purchasing a Home in Toronto, ON

For a property listed at $1,458,000 in Toronto, the legal minimum down payment is $291,600 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 $25,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,635 also applies, bringing the total estimated land transfer taxes to $51,270.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Centennial Scarborough, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,175,011

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Saint-Michel
Public29 Meadowvale Road, Scarborough, Toronto, Ontario, M8Y 1R7
6.2
St Dominic Savio
Public50 Tideswell Boulevard, Scarborough, Toronto, Ontario, M1B 5X3
5.4
St Malachy
Public80 Bennett Road, Scarborough, Toronto, Ontario, M1E 3Y3
5.6
Cardinal Leger
Public600 Morrish Road, Scarborough, Toronto, Ontario, M1C 4Y1
6.7
St Jean de Brebeuf
Public101 Dean Park Road, Scarborough, Toronto, Ontario, M1B 2X2
7.7

Secondary Schools

Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.