75 Moncrieff Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $880,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 45 x 116 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Moncrieff Original -- Untouched & Full of Potential! Step into the past with this cozy unspoiled one and a half story detached home. A rare chance to restore, reimagine, or relish the vintage charm. Perfect for visionaries, renovators, or lovers of nostalgia. Upstairs features 2 bedrooms with ample closet space and built-in storage, and a 4-piece bathroom. Main floor features a very cute kitchen, separate dining room, living room with picture window, and main floor office/3rd bedroom. Fully finished basement includes a large rec room, 3-piece bathroom, finished laundry room, and more storage. Situated on tree-lined Moncrieff Drive and backing onto Rexdale Park, walking distance to great schools, yet only 6 minutes to the 401, all the essential stores you could ask for including Costco (because bulk snacks = life), this home is perfect for dreamers, renovators, or lovers of all things vintage. Small but mighty, it's waiting for someone to bring it into the modern era or embrace the retro charm. Rest assured this home is built to last...shingles and AC both replaced in 2024 and a solid foundation. But, this purchase comes with bought-and-paid-for architectural plans to build a beautiful 2800 square-foot home plus a secondary basement suite and garage. Building permits from the City of Toronto have been approved! This community is going through a real gentrification so this home WILL hold its value. Opportunity is knocking will you answer?
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 75 Moncrieff Drive, Toronto W10, ON M9W 2R3
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 $880,000 in Toronto, the legal minimum down payment is $63,000 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 $14,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,075 also applies, bringing the total estimated land transfer taxes to $28,150.
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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.
