25 Rockwood Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $735,000 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 3 Bathrooms with 2 functional kitchens
- Premium 71.5 x 159.45 ft lot size
- Features a finished with walk-out, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious family home with basement rental potential. The main level features 3 bedrooms and 2 bathrooms, including a master bedroom with a 3-piece ensuite and access to a balcony. The open-concept kitchen with a center island overlooks the dining and living areas. The basement has a separate entrance and includes two 2-bedroom apartments, ideal for rental income. Located in a friendly neighborhood with a park and school right across the street. Area. Friendly Neighbourhood. Park & School Are Across The Street.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 25 Rockwood Drive, Toronto E08, ON M1M 3M9
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 $735,000 in Toronto, the legal minimum down payment is $48,500 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 $11,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,175 also applies, bringing the total estimated land transfer taxes to $22,350.
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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.
