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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lawrence Park South. Expertly crafted featuring premium brick 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.
Welcome to this beautifully updated Allenby gem, perfectly positioned just steps from the future LRT, subway and Summerhill Market in one of the neighborhoods most desirable pockets. This home sits on an impressive 30 x 110 ft lot, featuring a private driveway that comfortably fits two Cars an urban luxury. Inside, elegance meets functionality with custom cabinetry throughout the dining room, kitchen, and primary ensuite, making everyday living both practical and refined. The spacious kitchen is a true standout, boasting built-ins and a cozy breakfast bar for casual mornings. Step outside into your private backyard oasis, complete with a detached wood shed ideal for storage or a workshop. The recently revamped full height basement offers a waterproofed space with a sump pump (2018), ensuring it stays dry. Modern upgrades include a new roof (2021), updated windows and sliding doors (2020), and freshly designed landscaping (2023). The home is equipped with Hunter Douglas blinds throughout, including automated blinds at the front for a touch of contemporary convenience. With four bathrooms (including a powder room), a cozy fireplace, and luxurious finishes, this property offers a seamless blend of comfort and style. Don't miss your chance to own a slice of prime Toronto real estate in the sought-after Allenby neighborhood.
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Data-driven valuation for 16 Shields Avenue, Toronto C04, ON M5N 2K2
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.