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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Edenbridge-Humber Valley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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.
**Chestnut Hills location in central Etobicoke.** Rare building lot or Renovate existing home. This is the opportunity you've been waiting for on a 55 x 127 foot lot! This detached 3 bed, 2 bath home has been maintained for over 50 years by the same family. Home features 2 additions plus an open concept living room and dining room on the main level which makes entertaining a breeze. Property also boasts a family room with gas fireplace & kitchen with breakfast bar and a walk-out to deck and fully fenced lot. 3 large bedrooms with a 4-piece bath and storage on the 2nd level. Lower level features a large recreation room with a 3-piece bath, office, workshop/storage room with organization and laundry room. This property is located in a family oriented neighbourhood with hills, trees & winding roads. The possibilities are endless whether you choose to renovate, add an addition or start from scratch! Steps to Chestnut Hills Park, Kingsway College, Humber Valley Public School & Islington Go!
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Data-driven valuation for 42 Chestnut Hills Parkway, Toronto W08, ON M9A 3P6
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 $1,599,000 in Toronto, the legal minimum down payment is $319,800 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 $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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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.