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.
Thinking about investing in a year-round retreat in the city? Nestled on a premium pie-shaped lot that backs directly onto Cedarhill Golf & Country Club, this remarkable home reflects a timeless contemporary design, w/ space for everyone in the family on THE most desirable lot in Cedarhill Estates ;selected for its elevated position offering exceptional privacy while reducing risk of water penetration. Hundreds of unique trees, shrubs, & perennial gardens ooze an aromatic & colourful display in the spring & offer brilliant colours in the fall. The striking front entrance to the home opens onto a grand two-storey foyer w/ leaded-glass side lights at the entry & a curved staircase. The formal living room is anchored by a double-sided stone fireplace that separates it from the formal dining room, which overlooks the natural splendour of this property. The kitchen features wood cabinetry, granite countertops, breakfast seating, & abundant pantry storage. The family room features rich hardwood flooring, a wood-burning fireplace, & leads to a beautiful solarium - an ideal spot for off-season gardening & to enjoy beautiful daylight. A self-contained main-level bedroom is ideal for a caregiver or aging parents. The second level continues the home's impressive architectural character, w/ an expansive primary retreat featuring vaulted ceilings, a private balcony, an ensuite bath, a striking brick fireplace & a private library. 3 additional bedrooms, each w/ its own den, & a renovated five-piece bathroom complete this level. The finished lower level, accessible through the garage, significantly expands the living space, w/ multiple living areas, including a billiards area, a media room, a 6th bedroom, a full bathroom, & storage. Outside, multiple decks, covered & outdoor living areas surround a freshwater pool is surrounded by mature trees, providing remarkable privacy & a peaceful natural backdrop. 2 new Furnaces Sept/26.Freshly painted, new LR and Hall carpets.
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Estimated Rental Income
Rental estimate coming soon
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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$7,295/mo
Mortgage (principal + interest)$6,318
Property taxFrom listing: $11,715/yr$976
Minimum 20% ($337,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$337,800
Ontario land transfer taxProvincial brackets, no first-time refund$30,255
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$370,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bells Corners and South to Fallowfield has no municipal land transfer tax (Toronto does).
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.
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