






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$3,250,000
Bedrooms
3 Beds
Bathrooms
3 Baths
Size
2000-2500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8256.26
A truly unique opportunity for a scenic Lake View Home with a detached studio on a 1.5 acre lot in The Scarborough Bluffs. The lot extends to a second frontage of 105 feet on exclusive Meadowcliffe Drive which offers the potential to sever and sell, to build, or to enjoy the entire natural parcel and its privacy. Set on a secluded hillside in the Cliffcrest neighborhood, this former Sea Captain's home delivers the feel of cottage life in the city. From its Meadowcliffe frontage of 105 feet, the property is 396 feet deep and widens to 206 feet. With its private location at the end of Ledge Road, this 2 storey home has an inverted floor plan designed to take advantage of its lofty perch and expansive lake views. The ground level features the entrance foyer, full bathroom, three bedrooms, storage and utility room. The primary bedroom has a 4-piece ensuite bathroom and all three bedrooms have walk-outs. A solid oak staircase leads to the sun-filled upper level with its open-concept living, dining and kitchen plus a home office, 2-piece bathroom and laundry. This upper floor steps out to a generous wrap-around deck with south, east, and west exposures. The gas furnace, air conditioner and generator were new in 2022.The property also includes a detached multi-purpose studio built to maximize natural light through large windows and skylights. Fully insulated, the studio has gallery lighting, hardwood flooring, electric heat, a wood-burning stove, a loft and double barn doors for easy access. An inspiring space for creativity. Must be seen to truly appreciate this gem which is offered for the first time in 40 years.
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Contact MeTotal Monthly Payment
$12,864 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,600,000
Total Interest Payments
$1,603,059
Total Payment (Principal + Interest)
$4,203,059
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.