108 Abitibi Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $2,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 8 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 50 x 122.5 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, ERV/HRV, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to a Masterpiece of Modern Luxury - Never Lived In. Nestled in the heart of the prestigious Newtonbrook East, this brand-new, professionally designed custom estate offers over 6,000 sq. ft. of total living space (4,000+ above grade) on a premium 50x122 ft lot.From the moment you enter the grand foyer, you are captivated by soaring 12-foot ceilings and a dramatic open-concept layout defined by clean lines and floor-to-ceiling windows. The interior is a study in elegance, featuring bespoke waffle ceilings in the family room, designer pot lights throughout, and a stunning luxury glass wine closet that serves as a centerpiece for the formal living area.The gourmet main kitchen is a Chef's Dream, equipped with elite high-end appliances, complemented by a secondary prep kitchen and a third kitchen in the lower level. Bathed in natural light from dual oversized skylights, the home offers five massive bedrooms above grade, each serving as a private sanctuary. The walk-up lower level is an entertainer's paradise or a perfect multi-generational retreat, boasting radiant floor heating, soaring ceilings, and two additional bedrooms ideal for a nanny or in-law suite. Step outside to a quiet, serene neighborhood just moments from the vibrant Yonge & Steeles corridor, top-tier schools, and luxury amenities. Built with the highest-quality materials and unparalleled attention to detail, this brand new home offers the rare opportunity to be the first to experience the ultimate blend of luxury, comfort, and convenience.
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Built-In Oven, ERV/HRV, Sump Pump
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Pricing & Value Insights
Data-driven valuation for 108 Abitibi Avenue, Toronto C14, ON M2M 2V6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,999,000 in Toronto, the legal minimum down payment is $599,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $61,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,450 also applies, bringing the total estimated land transfer taxes to $122,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
