74 Mountland Drive, Toronto, ON

$971,001
MLS#:E12217478
5 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Woburn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $971,001 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 45 x 112 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Storage, Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to a home that perfectly blends space, style, and exceptional convenience-ideal for first-time home buyers or investors seeking strong rental income potential. This property boasts direct backyard access to a peaceful park and is just a 1-minute walk to Churchill Heights P.S. with no need to cross major roads-making it a dream for families with young children. Enjoy seamless access to transit, with a 2-minute walk to the main road offering direct bus routes to Scarborough Town Centre and beyond. Located minutes from Hwy 401, Centennial College, University of Toronto Scarborough Campus, Woburn Collegiate, and Centenary Hospital, this home places education, healthcare, shopping, and commuting all within easy reach. Whether you're looking to move in or rent out, this well-positioned gem offers lifestyle and investment value in one of Scarborough's most desirable pockets.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2025
Sold price information is available to members only
Listed Date6/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size45 × 112 Feet
CountyToronto
Annual Tax$3,876.47
Legal DescriptionPARCEL 46-1, SECTION M737 LT 46 PLAN M737 S/T A11120 SCARBOROUGH, CITY OF TORONTO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School

Interior Features

Carpet Free, Storage, Water Meter

Security Features

Community Features

Location

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74 Mountland Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 74 Mountland Drive, Toronto E09, ON M1G 2P1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$72,100 (7.4%)
* Minimum Canadian down payment required for this price is $72,100.
Amortization Period25 Years
Estimated Monthly Payment$5,357Based on a loan of $898,901 over 25 years.
Purchase Price$971,001
Loan Amount$898,901
Provincial Land Transfer Tax:$15,895
Toronto Municipal Land Transfer Tax:$15,895
Total Estimated Closing Taxes:$31,790

About Purchasing a Home in Toronto, ON

For a property listed at $971,001 in Toronto, the legal minimum down payment is $72,100 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 $15,895 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,895 also applies, bringing the total estimated land transfer taxes to $31,790.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woburn, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$786,647

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Richard
Public960 Bellamy Road North, Scarborough, Toronto, Ontario, M1H 1H1
5.6
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.