74 Comrie Terrace, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,189,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Premium 30 x 120 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare find in the prestigious Cliffcrest neighborhood of Scarborough! This renovated 2-story house features a separate entrance to a basement unit, located in a safe and family-friendly neighborhood near the Bluffs and Lake. Walk to top-rated schools, including Anson Park and R.H. King Academy. Luxurious layout with all renovated washrooms, the entire house freshly painted, updated windows (2023), and refinished hardwood floors. The main floor offers a living and dining area, a granite countertop kitchen, and a powder room. Upstairs, the primary bedroom features an ensuite washroom and spacious his-and-her closets, while an additional full washroom serves the other two well-sized bedrooms. Refinished hardwood floors are throughout. Enjoy a private backyard. The separate entrance to a spacious basement with a full washroom makes it perfect for potential income or an in-law suite. Laundry is conveniently located in a common area. Close to all amenities & easy access to places of worship.
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Pricing & Value Insights
Data-driven valuation for 74 Comrie Terrace, Toronto E08, ON M1M 3T2
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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 $1,189,000 in Toronto, the legal minimum down payment is $237,800 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 $20,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,255 also applies, bringing the total estimated land transfer taxes to $40,510.
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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.
