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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Thistletown-Beaumonde Heights. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $3,799,000 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.
Nestled in the serene Old Thistletown neighborhood, this extraordinary 2.34-acre property overlooking the Humber River offers a rare opportunity for developers or buyers seeking an estate residence. Built in 1916, the stunning 2-storey plus two half-levels home is constructed from Humber River stone. With Southeast exposure, the property boasts breathtaking views of the Toronto skyline and features 1.5 acres of manicured lawns, vibrant gardens, old-growth forest, and stone walkways. The home includes 5 bedrooms and 3 bathrooms, with a spacious primary bedroom on the main level featuring windows on three sides for abundant natural light. The open-concept main living area seamlessly combines the living room, dining room, and reading room. A large eat-in kitchen connects to a glass-enclosed TV room, while a generous den off the main foyer provides additional space. A glassed entranceway opens onto a semicircular stone patio, ideal for entertaining or relaxing. A wood-burning fireplace on the main floor and a main-floor laundry room add to the homes charm and functionality. The property also includes a separate lower-level 1-bedroom + den apartment with its own entrance, private garden, wood-burning fireplace, hardwood floors, laundry room, and full bathroom perfect for extended family, a nanny suite, or rental income. Exterior features include a detached 2-car garage, gravel driveway, and a charming shed with a wood-burning stove. The lots dimensions of 202.24 feet by 374.06 feet make it ideal for development, whether for luxury homes, a grand estate, or a multi-residential project. Located near Highways 401 and 400, and minutes from Pearson Airport, this property offers unmatched potential and accessibility in a peaceful, tree-lined setting. TRCA coverage applies
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Data-driven valuation for 11 Gibson Avenue, Toronto W10, ON M9V 2S5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $3,799,000 in Toronto, the legal minimum down payment is $759,800 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 $81,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $81,450 also applies, bringing the total estimated land transfer taxes to $162,900.
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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.