Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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.
Newly built 4+1 bedroom, 5-bathroom detached residence situated on a 45 ft x 112 ft premium lot in Scarborough Village, one of Scarborough's most desirable and established communities. This home is thoughtfully designed to deliver luxury family living, functional space, and income or multigenerational flexibility. The main level features 9-foot ceilings and an impressive double-height foyer, creating strong visual impact and excellent natural light. An open-concept layout connects the living, dining, and kitchen areas, ideal for both everyday living and entertaining. The living room is anchored by a modern gas fireplace feature wall that adds warmth and architectural interest. The gourmet kitchen is fully equipped with a built-in refrigerator, 36-inch gas range, walk-in pantry, custom coffee bar, and a large central island suitable for casual dining or hosting guests. The second floor offers four generously sized bedrooms and three full bathrooms, including a tranquil primary suite with a spa-inspired five-piece ensuite. A dedicated second-floor laundry room enhances daily convenience. The fully finished basement, accessed through a separate private entrance, includes a complete kitchen, bedroom, bathroom, and separate laundry facilities. This space is ideal for extended family living, in-law or nanny accommodation, or rental income. Additional features include a double-car garage with extra-height doors, an interlocking driveway with parking for up to four vehicles, and close proximity to schools, parks, public transit, and local amenities. A rare opportunity to own a modern, high-quality home with upscale finishes and flexible long-term use potential in Scarborough Village.
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Carpet Free, Sump Pump
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Data-driven valuation for 49 Greendowns Drive, Toronto E08, ON M1M 2G6
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 $1,399,900 in Toronto, the legal minimum down payment is $279,980 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 $24,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,473 also applies, bringing the total estimated land transfer taxes to $48,946.
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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.