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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,549,000 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.
A Sherwood Park surprise! Larger than it appears, this detached three-bedroom home on Erskine Avenue offers its next owner a surprisingly large and interactive floor plan, three huge bedrooms, a deep basement with a separate entrance, and a private driveway for two cars! Located on the dead-end portion of Erskine Avenue and within a lovely and tight-knit enclave of residents, you will be forever grateful that you selected this community for your family. Built in 1924 and owned by the same occupants since 1982, 241 Erskine Avenue has been lovingly enjoyed, improved and cared for with great detail throughout.The main floor is completely filled with light from the front and back floor-to-ceiling windows. The living room is huge, centered upon a large wood burning fireplace, and overlooked by the front foyer and the dining room which lie adjacent to it. The kitchen is lined with a abundance of cabinetry lined with rift-cut oak fronts, and offers three large counter surfaces including a centre island with quartz countertop. A dedicated breakfast area adjacent to the kitchen overlooks the back garden, and a cleverly designed built-in desk nook provides a perfect home office space within easy reach. On the second floor, three large bedrooms all have double closets with built-in inserts, large picture windows, and all share access to the five-piece bathroom that lies at the top of the stairs. An additional skylight on the landing continues the exposure of natural light and while the pots and pendant fixtures have been replaced in the home, they are seldom needed when the sun is up. The lower level's ceilings are consistently 7'2" with above grade windows, a huge rec room, bathroom and four separate storage areas. The gardens front and back have been designed to maximize their function and privacy. There is a large deck at the back for dining and lounging, and sight lines carry through neighbour's gardens vs looking into a neighbour's home.
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Cul de Sac/Dead End, Fenced Yard, Library, Park, Public Transit, Ravine
Other
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This could be the first listing for this address.
Data-driven valuation for 241 Erskine Avenue, Toronto C10, ON M4P 1Z6
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 $1,549,000 in Toronto, the legal minimum down payment is $309,800 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 $27,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,455 also applies, bringing the total estimated land transfer taxes to $54,910.
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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.