Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium wood and shingle construction, this residence presents an exceptional opportunity offered at $2,298,000 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.
Architect-gutted and rebuilt Kingsway detached on a 40 x 110 ft lot across from Lambton-Kingsway Park, with pool, tennis courts, winter rink, playground and playing fields across the street. Steps to sought-after Lambton-Kingsway Junior Middle School. 3+1 beds, 3 baths, 5-car parking. Main level features 9.5-ft ceilings, refinished hardwood floors, fireplace, custom steel stairwell, exposed beams and renovated Miele/quartzite kitchen with custom cabinetry. Vaulted second-floor bedrooms include a primary suite with renovated Italian-tile ensuite, double vanity, glass shower and rebuilt private balcony. Finished lower level adds rec room, bedroom/office and storage. Newly renovated entryway and insulated garage/workshop with additional storage. Landscaped backyard with Dawyck beech, yews, cedars, metal roof, long raised garden bed, new concrete paver patio and new wood deck. Short walk to Bloor Street shops/restaurants, Humber trails and transit.Renovated multi-purpose garage/storage. Full Carson Dunlop Home inspection available on listing link
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Data-driven valuation for 16 Marquis Avenue, Toronto, ON M8X 1V4
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 $2,298,000 in Toronto, the legal minimum down payment is $459,600 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 $43,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,925 also applies, bringing the total estimated land transfer taxes to $87,850.
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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.