23 South Drive, Toronto, ON

$6,995,000
MLS#:C9396263
5 beds
5 baths
3500-5000 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This listing is no longer active (Sold)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 2 1/2 Storey detached located in the coveted neighborhood of Rosedale-Moore Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $6,995,000 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
  • Generous living space spanning 3500-5000 sqft on a premium 50 x 292.5 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Expect the unexpected in this architecturally distinct 5-bedroom home in South Rosedale, on the market for the first time in over 30 years. Reimagined in 1987, this residence blends character, whimsy, and timeless elegance, making it truly one-of-a-kind. Situated on a remarkable 50-foot by nearly 300-foot ravine lot, it offers exceptional privacy and tranquility just minutes from Yonge & Bloor, Summerhill shops, and top schools.The expansive property, with mature trees and beautifully landscaped grounds, creates a serene, park-like atmosphere and offers plenty of table land for future expansion. Inside, the homes distinctive design draws attention to an open atrium, framing captivating views of the west-facing greenery. The traditional living room, accessed via an elegant reception area, features high ceilings and a wood-burning fireplace, while the spacious dining room overlooks a dramatic two-story indoor terrace.The sunlit kitchen floats above the atrium, seamlessly connected to the open space below. The lower level, with soaring ceilings, terracotta flooring, and painted brick walls, includes a cozy media room, games area, and a walkout to the lush outdoor setting. Five bedrooms provide peaceful retreats, including the primary suite, which boasts a sitting area, bay windows, wood-burning fireplace, and ensuite. Complete with a private driveway, two-car parking, and an attached garage, this exceptional home offers a rare blend of urban living and secluded charm.

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 25, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size50 × 292.5 Feet
CountyToronto
Annual Tax$31,680
Legal DescriptionPT VILLA LT 20 PL 104 TORONTO AS IN CA266940; CITY

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Ravine, School

Interior Features

Other

Security Features

Community Features

Location

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23 South Drive, 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 23 South Drive, Toronto C09, ON M4W 1R2

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$1,399,000 (20.0%)
* Minimum Canadian down payment required for this price is $1,399,000.
Amortization Period25 Years
Estimated Monthly Payment$33,348Based on a loan of $5,596,000 over 25 years.
Purchase Price$6,995,000
Loan Amount$5,596,000
Provincial Land Transfer Tax:$161,350
Toronto Municipal Land Transfer Tax:$161,350
Total Estimated Closing Taxes:$322,700

About Purchasing a Home in Toronto, ON

For a property listed at $6,995,000 in Toronto, the legal minimum down payment is $1,399,000 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 $161,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $161,350 also applies, bringing the total estimated land transfer taxes to $322,700.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,484

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

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

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.