18 Cedar Avenue, Toronto, ON

$2,379,900
MLS#:E8422446
5 beds
5 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $2,379,900 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.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 25 x 90 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Steam Room, On Demand Water Heater, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover a rare gem on one of the beach's most coveted streets! Welcome to 18 Cedar, a newly renovated haven on a charming, tree-canopied street, steps from beaches, parks, dining, shops, and top schools. This stunning home offers 4 beds, 5 baths, and a 2-car garage with a rooftop deck. Indulge in the luxurious 3rd-floor primary with a Juliette balcony,ensuite bath, & office/gym. The 2nd floor features 3 spacious bedrooms with large closets,ensuite bath, 4-piece bath, & laundry for convenience. The main floor boasts an open living area with a gas fireplace and sleek kitchen with new appliances and plenty of storage & a built-in dining bench. The revamped basement includes a rec room, guest area, 3-piece bath, laundry, wine cellar, and pantry. Outside, unwind in the hot tub, BBQ/Dining area, and escape to the large deck and relax under the stars around the gas fireplace and rooftop garden. Amazing opportunity to turn the Detached garage into a laneway house in the future! Don't miss your chance to live out your dreams in this turn-key Beaches. Schedule a showing today! AGENT OPEN HOUSE TUESDAY 11 am to 1 pm

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionOther
BasementFinished, Full
Lot Size25 × 90 Feet
CountyToronto
Annual Tax$9,000.36
Legal DescriptionPlan 733 Part Lot 21

Parking & Garage

Parking Spaces2.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Rec./Commun.Centre, Waterfront, School, Fenced Yard, Beach

Interior Features

Steam Room, On Demand Water Heater, Storage, Guest Accommodations, Carpet Free, Auto Garage Door Remote, Bar Fridge, Central Vacuum, Upgraded Insulation

Security Features

Community Features

Location

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18 Cedar Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 Cedar Avenue, Toronto E02, ON M4E 1K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$475,980 (20.0%)
* Minimum Canadian down payment required for this price is $475,980.
Amortization Period25 Years
Estimated Monthly Payment$11,346Based on a loan of $1,903,920 over 25 years.
Purchase Price$2,379,900
Loan Amount$1,903,920
Provincial Land Transfer Tax:$45,973
Toronto Municipal Land Transfer Tax:$45,973
Total Estimated Closing Taxes:$91,945

About Purchasing a Home in Toronto, ON

For a property listed at $2,379,900 in Toronto, the legal minimum down payment is $475,980 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 $45,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $45,973 also applies, bringing the total estimated land transfer taxes to $91,945.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for The Beaches, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,752,499

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Kew Beach
Public101 Kippendavie Avenue, Toronto, Ontario, M4L 3R3
8.2
St Denis
Public67 Balsam Avenue, Toronto, Ontario, M4E 3B8
7.7
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Balmy Beach
PublicScarborough, Toronto, Ontario
9.2

Secondary Schools

Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.