1 Grovenest Drive

Morningside, Toronto

1 Grovenest Drive, Morningside, Toronto

$989,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,100 sqft

Price Per Sqft: $899.09


About this Detached

in Morningside, Toronto

Beautiful, upgraded bungalow in the highly sought-after Seven Oaks community. * Warm and modern family home, well-maintained and comfortable* Excellent corner-lot exposure with large windows throughout, bringing in abundant natural light - even the basement feels bright and welcoming* Spacious and flexible family-friendly layout with a comfortable flow, perfect for everyday living, growing children, working from home, and entertaining guests* Huge private backyard surrounded by greenery, perfect for kids, gatherings, and summer BBQs* Located at 1 Grovenest Dr - a memorable "No. 1" address that makes this home truly stand out. This home offers 3+2 bedrooms and 3 updated bathrooms, including a well-appointed ensuite. this is a true move-in-ready home with pride of ownership throughout. Located in a quiet neighbourhood close schools, parks, shopping, and a 5-minute drive to the 401 and the Scarborough Town Centre. Roof shingle repalced 2016. Main Floor and Second Floor Fully Renovated (including new kitchen cabinets, countertop/stove area, and range hood): Completed in 2017. Central Air Conditioning and Tankless Water Heater (owned , no rental payments): Installed in 2017. Basement Furnace (owned) and Washing Machine: Replaced in 2024. Fully Finished Basement (including installation of a moisture and radon gas barrier under the flooring): Completed in 2024. New Fencing Around the Entire Property: Installed in 2022. Main/Second Floor Bathrooms Renovated: Completed in 2026.

Listed by REAL ONE 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:
Monthly P&I:
* This material is for informational purposes only.

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