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Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $999,999 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.
Nestled on a spacious private lot with a 55-foot frontage in the heart of the Bluffs, this charming home offers hardwood flooring throughout and features 4 principal bedrooms. The finished basement includes 2 additional rooms and a den. The ground floor showcases a formal living and dining area, a 4-piece bathroom, and a walkthrough kitchen leading to a family room addition at the rear, overlooking a sprawling yard adorned with mature trees and lush gardens. Enjoy the convenience of being within walking distance to the lake and nearby amenities. The property is close to excellent schools such as Fairmount Public School, St. Agatha Catholic School, Cardinal Newman Catholic High School, and R.H. King Academy. You'll also have easy access to Cathedral Bluffs Park, Bluffers Park Beach, local shops, restaurants, public transit, and more.
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Data-driven valuation for 81 Scarborough Heights Boulevard, Toronto E08, ON M1M 2V5
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 $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.