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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
This detached, 4-bedroom, family home offers incredible possibilities! With a garage and parking for three cars, this property is perfect for renovation or rebuilding to create your dream home. Situated on a desirable corner lot, it benefits from south and west exposures, providing an abundance of natural light. One of its most appealing features is it backs onto Hodgson skating rink, a vibrant community hub that transforms into tennis courts in the warmer months. Imagine the joy of walking through your back gate, spending the day skating, and then cozying up in front of your wood-burning fireplace with hot chocolate. This location is a paradise for sports enthusiasts and outdoor lovers alike. Enjoy a short walk to the Davisville Tennis Club and June Rowlands Park, or explore the Kay Gardner Beltline for cycling, running, or simply enjoying nature. Conveniently located between Bayview Avenue and Yonge Street for all your shopping, dining, and entertainment needs. This property truly combines the tranquility of a family-friendly neighbourhood with unparalleled access to recreational activities and urban amenities.
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Data-driven valuation for 387 Millwood Road, Toronto C10, ON M4S 1K3
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.