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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,149,000 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.
Charming Bungalow in Prime Location!Dont miss this fantastic opportunity! Ideally situated with quick access to the DVP and Highway 401, just a 20-minute drive to downtown Toronto. This home is within walking distance to bus stops, grocery stores, and the Shops at Don Mills offering both convenience and lifestyle.This warm and inviting bungalow features a spacious and versatile layout with 3+1 bedrooms, 2 full bathrooms, and 2 kitchens perfect for first-time buyers, families, or those looking to downsize.Inside, you'll find a bright and open main floor with gleaming floors throughout. The living room and separate dining area provide great space for entertaining, while the open-concept kitchen offers ample cabinetry and functionality. Three generously sized bedrooms share a modern 3-piece bathroom.The finished lower level with a separate walk- out entrance offers incredible potential, featuring a second kitchen, a 3-piece bath, a fourth bedroom, and a large recreation/family room.Step outside to an expansive backyard a true outdoor oasis perfect for kids, pets, or simply enjoying the seasons. **Roof -2009 Air conditioner - 2009. Furnace - 2020 Sewer Back-up -2020 Hot Water Tank - 2024**
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Data-driven valuation for 55 North Hills Terrace, Toronto C13, ON M3C 1M5
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 $1,149,000 in Toronto, the legal minimum down payment is $229,800 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 $19,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,455 also applies, bringing the total estimated land transfer taxes to $38,910.
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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.