23 Lochleven Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $868,000 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
- Generous living space spanning 1500-2000 sqft on a premium 45 x 163.17 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Auto Garage Door Remote, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location! Location! Location! Welcome to this spacious Italian-style backsplit home situated on a premium 45 x 163.17 ft lot in a highly desirable neighborhood! Featuring a brand-new renovated open-concept kitchen with quartz countertops, quality cabinetry, brand-new appliances, stylish finishes, and a modern functional layout, this home is freshly painted throughout the main level and enhanced with pot lights, showcasing modern upgrades and spacious living areas. It offers 3 spacious bedrooms plus 2 additional bedrooms in the basement with a separate entrance, a lower-level family room with a cozy fireplace, and the convenience of a central vacuum system. The new picture-frame window brings in abundant natural light, while renovated bathrooms and modern finishes add to its appeal, making it ideal for growing or multi-generational families. Conveniently located just a short walk to Walmart, shopping, TTC, Lake Shore parks, schools, and everyday amenities, this home offers a perfect blend of location, space, and modern upgrades-don't miss this incredible opportunity.
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Carpet Free, Auto Garage Door Remote, Central Vacuum
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Lochleven Drive, Toronto E08, ON M1M 3R9
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 $868,000 in Toronto, the legal minimum down payment is $61,800 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 $13,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,835 also applies, bringing the total estimated land transfer taxes to $27,670.
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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.
