559 Meadowvale Road

Highland Creek, Toronto

559 Meadowvale Road, Highland Creek, Toronto

$1,999,000


Bedrooms: 5

Bathrooms: 6

Living Area: 3,500 sqft

Price Per Sqft: $571.14


About this Detached

in Highland Creek, Toronto

Exceptional custom-built Mediterranean-inspired 5-bedroom residence in the highly coveted Highland Creek. Perfectly positioned on a 100 x 200-foot lot and gracefully set back from the street, this impressive home welcomes you with a stately driveway, a wrought iron fence and gates, a striking white exterior façade, and a covered porch framed by elegant arches, all contributing to its timeless architectural appeal. A double-car garage with three doors provides direct interior and backyard access, adding everyday convenience. Offering 3,888 square feet of beautiful above-grade living space, the interior showcases expansive principal rooms and thoughtfully designed features: a private main-floor office, abundant windows, a charming Juliette balcony in the living room, and a spacious family room with two sets of double doors opening onto a covered patio, creating a seamless Mediterranean-inspired indoor-outdoor setting. The large kitchen is complete with a centre island and breakfast area, ideal for everyday family gatherings. The second floor features a laundry room and five generously sized bedrooms (including two primary bedrooms), highlighted by the truly sensational primary retreat (completed as an extension in 2020). This luxurious suite showcases 11-foot elegant coffered ceilings, a gas fireplace, a balcony, an extraordinary walk-in closet and dressing room worthy of any dream wardrobe, and a spa-inspired ensuite unlike any other, complete with an expansive glass shower and tub designed for ultimate relaxation. The basement provides additional versatile living space with 9-foot ceilings, a kitchen, a cold cellar, and bonus rooms. The backyard is a private oasis siding onto a ravine, surrounded by mature trees and wildlife. Unbeatable location, minutes from Hwy 401, Rouge GO Station, TTC transit, University of Toronto Scarborough, and Port Union Waterfront Park, with easy access to parks, scenic walking and biking trails, and a wide range of everyday amenities.

Listed by RE/MAX ALL-STARS REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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