40 Akil Thomas Gardens, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Bendale. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,175,000 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 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 14.78 x 80.5 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
$3,250 current rental income. Over $100,000 invested in high-quality finishes. Modern 3-storey luxury freehold townhouse with no monthly fees, quality built by Madison in 2024 still under Tarion warranty. Total of 1,918 sq. ft. plus a 180 sq. ft. terrace and full-size basement. This Home Offers 4+(Studio) Bedrooms, 5 Bathrooms, and 3 Kitchens, surrounded by approximately 100 newer high value townhomes. This is The Most Recent Development in South Scarborough. Owner Occupies 1,400 sq. ft. plus BBQ Terrace, 2nd and 3rd floors consisting of 3 bedrooms, 2.5 bathrooms, a laundry room, garage, and driveway. This floorplan is very rare to find. Upgrades: Floodlight security cameras (front and rear) interlocking driveway, basement studio apartment with separate entrance, large window, kitchen (removable cooktop), custom cabinetry, pot lights, and fully furnished with luxury finishes. Ground level includes a builder-finished 1-bedroom, 4-piece bathroom, separate front entrance, pot lights, kitchen (removable cooktop), custom cabinetry, and Murphy bed with custom cabinets furnished. The 2nd flr features 9ft ceiling, Soundproof insulation in living room, an extended quartz kitchen island with breakfast bar seating for 3 people, stainless steel exhaust hood fan and appliances, custom cabinetry, and gas line for BBQ on terrace. The 3rd Flr offers 3 bedrooms, 2 bathrooms, a primary bedroom (4 piece ensuite) and walk-in closet organizers. Waterproof premium hardwood flooring, Electric blinds, single-panel doors, and luxury quartz countertops throughout the luxury home. Garage features 10.5 ft ceilings, ample storage, and EV charger rough-in. Prime location: 5-minute walk to public & secondary schools, FreshCo, Shoppers, Mosque, Churches, 10-minute TTC commute to LRT crossover and Kennedy Station; 7-minute drive to Scarborough Town Centre and Hwy 401; and 10-minute drive to Hwy 404/DVP via Lawrence Ave East. 30-minute drive to downtown Toronto
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Pricing & Value Insights
Data-driven valuation for 40 Akil Thomas Gardens, Toronto E09, ON M1P 0G3
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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 $1,175,000 in Toronto, the legal minimum down payment is $235,000 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 $19,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,975 also applies, bringing the total estimated land transfer taxes to $39,950.
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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.
