23 South Marine Drive, Toronto, ON

$1,699,000
MLS#:E9395540
5 beds
4 baths
4.0 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This listing is no longer active (Sold)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 Guildwood. Expertly crafted featuring premium stone and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,699,000 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 4 Bathrooms
  • Premium 65.08 x 165.87 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Imagine Waking Up to Stunning Lake Views and Unparalleled Privacy on South Marine Drive! This Spacious 4-bedroom Home in the Heart of Guildwood Overlooks Lake Ontario. The Main Floor Features Large Sun-filled Rooms With Hardwood Floors, a Stone Fireplace, a Formal Dining Room, a Main Floor Laundry, an Office That Can Be Converted to a 5th Bedroom, and a Large Eat-in Kitchen With Quartz Countertops and Built-in Appliances. Two Walk-outs to an Expansive Back Deck Make It Perfect for Entertaining. From the Deck, You Can Enjoy Fantastic Views of the Lake and a Park-like Setting Where You Can Spot Wildlife. The Second Floor Offers Four Large Bedrooms, With the Primary Bedroom Featuring His and Her Closets and a Large 3-piece Ensuite With a Walk-in Shower. The Fourth Bedroom Has a Walk-in Closet and Custom Built-in Cabinetry for Extra Storage. The Basement Includes a Family Room With a Stone Fireplace and High-end Broadloom, a Workshop/hobby Room, and Additional Storage Space. The Property Boasts Low-maintenance, Award-winning, Eco-friendly Landscaping, a Full-sized 2-car Garage, and Four-car Parking. This "Cottage in the City" Offers a Tranquil Retreat While Conveniently Close to All Necessary Amenities, Including Schools, Shops, Parks, TTC, and Go.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Aluminum Siding
BasementFinished
Lot Size65.08 × 165.87 Feet
CountyToronto
Annual Tax$10,329
Legal DescriptionPCL 70-1, SEC M1012 ; LOT 70, PLAN M1012 ; S/T A134568 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Built-In Oven

Security Features

Community Features

Location

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23 South Marine Drive, 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 23 South Marine Drive, Toronto E08, ON M1E 1A1

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$339,800 (20.0%)
* Minimum Canadian down payment required for this price is $339,800.
Amortization Period25 Years
Estimated Monthly Payment$8,100Based on a loan of $1,359,200 over 25 years.
Purchase Price$1,699,000
Loan Amount$1,359,200
Provincial Land Transfer Tax:$30,455
Toronto Municipal Land Transfer Tax:$30,455
Total Estimated Closing Taxes:$60,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,699,000 in Toronto, the legal minimum down payment is $339,800 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 $30,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,455 also applies, bringing the total estimated land transfer taxes to $60,910.

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 Guildwood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$990,376

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

St Ursula
Public215 Livingston Road, Scarborough, Toronto, Ontario, M1E 1L8
6.7
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Margaret
Public235 Galloway Road, Scarborough, Toronto, Ontario, M1E 1X5
7.4
St Martin de Porres
Public230 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3E1
4.7
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0

Secondary Schools

Sir Wilfrid Laurier
Public145 Guildwood Parkway, Scarborough, Toronto, Ontario, M1E 1P5
6.2
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3

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.