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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,059,000 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.
Welcome To This Spacious And Thoughtfully Updated All Brick Bungalow Located In One Of Scarboroughs Most Desirable Neighbourhoods, Just Steps Away From The Iconic Scarborough Bluffs. Ideal For Large Or Extended Families, Investors, Or Anyone Seeking Multi-Generational Living, This Home Offers Incredible Flexibility With 3 Bedrooms On The Main Floor And 2 Fully Self-Contained Basement Apartments With A combined Income Of $3200, Each With Its Own Separate Entrance. Let Tenants Pay Significant Amount Of Your Mortgage! The Main Level Features A Bright Living And Dining Area, A Full Updated Kitchen, 3 Well-Proportioned Bedrooms, And A Two Piece Bathroom. Downstairs, The Basement Offers Two Kitchens, 3 Additional Bedrooms, 2 Full Bathrooms, Providing Excellent Income Potential. Enjoy A Freshly Painted Driveway, A Lovely Fully Fenced Yard With A Large Back Deck Great For Entertaining And A Generous Lot In A Quiet, Established Pocket Of Scarborough Surrounded By Parks, Great Schools (R.H King Academy & John A Leslie), Transit, And Everyday Amenities. Dont Miss This Rare Opportunity To Own A Solid Home In A Prime Location On The Prestigious Chine Drive.
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Public Transit, School, Fenced Yard, Place Of Worship, School Bus Route
Carpet Free, In-Law Suite
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This could be the first listing for this address.
Data-driven valuation for 260 Chine Drive, Toronto E08, ON M1M 2L8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,059,000 in Toronto, the legal minimum down payment is $211,800 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 $17,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,655 also applies, bringing the total estimated land transfer taxes to $35,310.
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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.