
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,490,000 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.
Rare Forest Hill South opportunity! Exceptional approx. 72.10 x 152.37 ft south-facing estate-sized lot located in one of Toronto's most prestigious and sought-after neighbourhoods. A remarkable offering combining location, scale, flexibility and future potential. Shovel ready, all permits issued and paid for, including trees, new hydro service, new water services.Plans and approvals are available for a proposed approximately 8,000 sq ft above-grade transitional residence designed by renowned architect Richard Wengle, complemented by landscape design plans featuring a private swimming pool and cabana. Proposed plans include an approximately 4,200 sq ft lower level, plus Cabana 140 sq ft offering aprox. 12,340 sq ft of proposed total finished living space (buyer to verify all details, measurements, plans and approvals).Significant preliminary work has already been completed, including architectural design, approvals, surveys and associated municipal processes. Deposits have been paid as per Seller, including construction fencing, tree and service disconnect deposits, providing a buyer with the benefit of an opportunity where substantial planning and preparation have already been undertaken. This can help reduce the time and uncertainty typically associated with bringing a custom residence vision from concept to the next stages.The existing large brick residence provides exceptional flexibility - renovate and create your dream home, reno & enjoy the property while planning a future custom residence, maintain as a long-term asset, reno & lease while planning, or explore the many possibilities available with this rare parcel of land.Surrounded by mature trees, prestigious residences, parks and the charm of Forest Hill Village. Steps to boutique shops, restaurants, transit and renowned schools including UCC and walking distance to Bishop Strachan (buyer to verify). An extraordinary opportunity to secure a significant property in one of Toronto's most coveted communities.
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This detached home located at 205 Heath Street, Toronto is currently for sale and has been available on SousaSells for 18 days. This property is listed at $5,490,000 with an estimated mortgage of $18,274* per month. It has 4 beds, 3 bathrooms, and is 5000 + square feet. 205 Heath Street, Toronto is in the Casa Loma neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Casa Loma, Toronto.
Growing families needing multi-bedroom flexibility and space in Casa Loma, Toronto.
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The current listing price for 205 Heath Street, Toronto, ON in Casa Loma, Toronto is $5,490,000.
This property features 4 bedrooms and 3 bathrooms across approximately 5000 + sqft.
205 Heath Street, Toronto, ON is a Detached (2-Storey) featuring a Unfinished, Separate Entrance basement.
Interior highlights include: Other.
Yes, this property offers parking space for 2.0 vehicles (None).
Heating is provided via Gas and cooling via None.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 205 Heath Street W, Toronto, ON M4V 1V3
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 $5,490,000 in Toronto, the legal minimum down payment is $1,098,000 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 $123,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $123,725 also applies, bringing the total estimated land transfer taxes to $247,450.
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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.