2 Park Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,999,000 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.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 37 x 125 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Water Heater
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
A spacious sanctuary - the perfect place for healing and self-reflection. Location!! Water views!! Park views!! Welcome to 2 Park Ave, an extraordinary property offering nearly 5,000 sq ft of luxurious living in Toronto's most sought-after neighbourhood. Nestled just steps from the stunning Boardwalk, this expansive home provides unparalleled water views and unbeatable access to the vibrant Beaches community. Designed for comfort, style, and versatility, this residence features 4+1 bedrooms and 5 bathrooms, a separate basement apartment, and three stunning decks, all with breathtaking water views. With more space than you'll know what to do with, this is one of the most incredible homes in the Beaches. Boasting four parking spaces and ample room for a private pool, this home is perfect for families seeking the ideal combination of space and lifestyle. Located in the prestigious Balmy Beach School district, one of the top public school zones in Toronto, it offers an exceptional educational environment. Enjoy outdoor activities at the Balmy Beach Canoe Club, stroll along the scenic Boardwalk, and indulge in nearby restaurants, cafés, boutique shopping, and easy public transportation access-all within a short walk. This is your chance to own a truly unique property in one of Toronto's most desirable locations.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
In-Law Capability, Water Heater
Security Features
Community Features
Location
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 2 Park Avenue, Toronto E02, ON M4E 1B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,999,000 in Toronto, the legal minimum down payment is $799,800 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 $86,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,450 also applies, bringing the total estimated land transfer taxes to $172,900.
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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.
