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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,349,000 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.
Welcome to this beautifully renovated, move-in ready family home in the sought-after Upper Forest Hill Village! Incredible 39.87 x 120 foot lot perfectly positioned backing onto the scenic Beltline Trail! The open concept, sun-filled main floor is designed for both style and functionality, combining living and dining rooms in a seamless flow. The heart of the home is the custom kitchen, featuring a stylish breakfast bar and top-of-the-line stainless steel appliances, perfect for culinary enthusiasts and family gatherings. A convenient main floor powder room adds to the home's functionality. The finished lower level offers additional living space, including a spacious recreation room, 4th bedroom/office, 4 piece bathroom & ample storage, perfect for guests or a growing family. Step outside to your private backyard featuring a large deck that's perfect for entertaining and enjoying BBQs with family and friends. Additional conveniences include a private driveway, attached single car garage, pot lights, built in speakers and high-end finishes throughout. Enjoy the best of urban living with easy walking access to the subway, top-rated schools, and parks. This home blends modern amenities with an unbeatable location, making it the perfect choice for your family's next chapter!
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Fenced Yard, Park, Place Of Worship, School, Library, Public Transit
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Data-driven valuation for 117 Elm Ridge Drive, Toronto C04, ON M6B 1A2
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 $2,349,000 in Toronto, the legal minimum down payment is $469,800 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 $45,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $45,200 also applies, bringing the total estimated land transfer taxes to $90,400.
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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.