217 Ellington Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wexford-Maryvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $996,000 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 2 Bathrooms with 2 functional kitchens
- Spacious lot size measured in Feet
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 217 Ellington, a beautiful bungalow in high demand in the Wexford-Maryvale area that has been lovingly cared for by one owner for over 50 years. Make your memories here in this spacious 3 bedroom home including potential for a 2 bedroom basement apartment with a separate entrance, additional kitchen and bathroom. Huge income potential as a rental suite or use it as an in-law suite. The whole house has been freshly painted, and new light fixtures in every room. Large backyard and gardeners dream of including custom raised vegetable beds with organic soil, fruit trees, berry bushes, grape vine and a patio for your enjoyment. Excellent public schools in the area. Carport, and a long driveway for 4 cars or short walk to TTC stops. Two minutes to the 401 and 10 minutes to the DVP. Private backyard with Costco behind. Wonderful, quiet neighborhood. Excellent for first time buyers or downsizers. Don't miss out on this beauty.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 217 Ellington Drive, Toronto E04, ON M1R 3Y2
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 $996,000 in Toronto, the legal minimum down payment is $74,600 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 $16,395 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,395 also applies, bringing the total estimated land transfer taxes to $32,790.
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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.
