27 Mitcham Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 40 x 125 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Highly Desirable Alderwood Location! This beautifully renovated 1.5-story home offers more space than meets the eye, featuring 2+1 bedrooms and 2 bathrooms. With a long private driveway and garage, it boasts an open-concept gourmet kitchen equipped with Viking appliances, a welcoming entrance, and stunning oak hardwood floors throughout. The stylish living and dining areas flow seamlessly into the oversized family room, which opens onto a deck overlooking a private, fenced yard. The bright, renovated basement includes laundry facilities and an additional 3-piece bathroom and bedroom. Conveniently located with easy access to TTC/Go Train, highways, shopping, parks, ravine trails leading to the lake, and top-rated schools!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 27 Mitcham Drive, Toronto W06, ON M8W 2J6
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 $1,249,000 in Toronto, the legal minimum down payment is $249,800 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 $21,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,455 also applies, bringing the total estimated land transfer taxes to $42,910.
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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.
