551 Caledonia Road, Toronto, ON
This listing is no longer active (Sold)
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Caledonia-Fairbank. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 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.
- 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 22 x 142 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 551 Caledonia Rd. This wonderful home is on the market for the first time since it was built in 1987, has had only one owner and exudes pride of ownership. Solidly built, this very wide semi has been well maintained and upgraded through the years and offers many options: easily turn back into a spacious 3 bedroom/3 bath family home or multi-generational home with lots of space for everyone; live in one unit and let the other unit pay your expenses or rent out the two units for a great investment property. Wonderfully spacious and light filled, this home has three large bedrooms (one is currently a kitchen) with closets and a four piece bathroom on the second floor. Large main floor principal rooms with French doors, kitchen with oak cabinetry, four piece bathroom with jacuzzi tub and a large family room with wood burning fireplace (not WETT tested) and sliding doors to a patio and landscaped private garden that is truly an oasis. Great family room in the basement with very tall ceilings, lots of closets, four piece bathroom, laundry and walk out to the garage which has another laundry room accessed from the front of the house. This property has great curb appeal , 3 car parking and is walking distance to shopping on Eglinton and the Eglinton Crosstown which is soon to be completed. Easy access to downtown or major highways. Don't miss this wonderful opportunity!!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 551 Caledonia Road, Toronto W03, ON M6E 4V3
Based on 0 recent similar sales in the pocket.
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 $1,049,000 in Toronto, the legal minimum down payment is $209,800 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 $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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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.
