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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium stucco (plaster) and metal/steel siding construction, this residence presents an exceptional opportunity offered at $2,388,000 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.
Spectacular Modern Design Masterpiece W near to 3000 Sqft Living Area ! Immerse Yourself In Luxury With The Highest Level Of Finishes And Exquisite Craftsmanship Throughout. The Oversized Living & Dining Rooms Are Perfect For Hosting, While You Can Easily Enjoy The Generous Chef's Kitchen. Oversized Island, Luminess LED Lights, Solid Mahogany Pivate Door.Family Room With W/O To The Spacious Deck. Upscale primary suite w/ Large W/I closet &ensuite w/ heated flrs. 3 more Bdrms w/ their own design details & ensuites on the same Lvl. The Breathtaking Bsmt w/ rare very high ceiling and nanny Rm w/ 4pc WR. EV charger wire ready, Linear Napoleon fireplace, Herringbone floor. All Bathroom Floors Heated. Hi Efficiency Furnace W HRV. Manifold Water Supply. Foam Insulation Through out the House
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Data-driven valuation for 118 Virginia Avenue, Toronto E03, ON M4C 2T2
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 $2,388,000 in Toronto, the legal minimum down payment is $477,600 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 $46,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $46,175 also applies, bringing the total estimated land transfer taxes to $92,350.
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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.