The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 54 East Drive! Beautifully renovated and exceptionally spacious, this charming detached brick bungalow sits on a premium corner lot in Toronto's desirable Rockcliffe-Smythe neighbourhood. Featuring 2+1 bedrooms, a private driveway and garage, this inviting home offers a bright, open-concept living and dining area with beautiful hardwood floors, a well-appointed kitchen and a walkout to a large covered porch, perfect for outdoor dining and entertaining. A separate side entrance leads to the finished lower level, complete with a spacious bedroom, large bath, living room and kitchen rough in ready for cabinetry and appliances, offering excellent potential for extended family or a future secondary suite. Enjoy an exceptional lifestyle just moments from the prestigious Lambton Golf & Country Club, Scarlett Woods Golf Course, James Gardens, Smythe Park, High Park and the scenic Humber River trails. Conveniently located near the vibrant shops, restaurants and amenities of St. Clair West, The Stockyards and Bloor West Village, with easy access to TTC, the Eglinton Crosstown LRT, Mount Dennis Station, UP Express, GO Transit and major highways. A rare opportunity to enjoy beautifully updated living, generous outdoor space and the tranquility of a nature-filled neighbourhood, all while remaining minutes from the conveniences of the city. An exceptional home offering the perfect balance of location, lifestyle and versatility.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,737/mo
Mortgage (principal + interest)$3,366
Property taxFrom listing: $4,442/yr$370
Minimum $64,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$179,980
Ontario land transfer taxProvincial brackets, no first-time refund$14,473
Toronto land transfer taxMunicipal brackets, no first-time refund$14,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$211,726
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
