242 Parkview Avenue, Toronto, ON

$3,388,000
MLS#:C12573944
6 beds
7 baths
3500-5000 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,388,000 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.

  • 6 Bedrooms and 7 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 50 x 152 ft lot
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

-- Elegant Custom Luxury in The Prestigious Willowdale Area, Rarely lived in and immaculately cared for, this home feels Brand New -- Welcome to this spectacular, custom-built masterpiece set on an impressive 50x152 ft. lot in one of Willowdale's most desirable locations. Showcasing timeless architecture with a stately stone and brick facade, this home offers an extraordinary blend of classic elegance and modern luxury. Step inside to soaring ceilings across all levels, detailed millwork, and stunning finishes throughout. The Open-Concept layout features a grand living and dining area, a spacious family room with built-ins, and a sun-filled breakfast nook. The Chefs Kitchen is a true showstopper complete with custom cabinetry, Brand New high-end built-in KitchenAid appliances, and an oversized island. The main floor office is refined with custom wall paneling and built-ins, perfect for work-from-home days. Retreat upstairs to a lavish Master suite with a spa-like 7-piece Ensuite and walk-in closet. Each additional bedroom is generously sized and features its own Ensuite bath. The fully finished lower level is ideal for entertaining, offering a large rec room with built-ins, a pantry, and a gym area. Additional Highlights Include: - 4 gas fireplaces, - Central vacuum , -Water softener & purifier-Coffered ceilings, - LED Pot Lights & elegant chandeliers, Fresh paint & meticulously maintained interior, Limestone & newer hardwood floors Expansive sundeck, flagstone porch, and beautifully landscaped grounds.

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Key Features

Bedrooms
6
Bathrooms
7
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date11/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished, Walk-Up
Lot Size50 × 152 Feet
CountyToronto
Annual Tax$18,404
Legal DescriptionLT 792 PL 1790 TWP OF YORK; LT 61 PL 3194 NORTH YO

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Central Vacuum

Security Features

Community Features

Location

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242 Parkview 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 242 Parkview Avenue, Toronto C14, ON M2N 3Z1

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.

Market Trend
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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$677,600 (20.0%)
* Minimum Canadian down payment required for this price is $677,600.
Amortization Period25 Years
Estimated Monthly Payment$16,152Based on a loan of $2,710,400 over 25 years.
Purchase Price$3,388,000
Loan Amount$2,710,400
Provincial Land Transfer Tax:$71,175
Toronto Municipal Land Transfer Tax:$71,175
Total Estimated Closing Taxes:$142,350

About Purchasing a Home in Toronto, ON

For a property listed at $3,388,000 in Toronto, the legal minimum down payment is $677,600 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 $71,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $71,175 also applies, bringing the total estimated land transfer taxes to $142,350.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,004,172

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

Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
6.9
St Gabriel
Public396 Spring Garden Avenue, North York, Toronto, Ontario, M2N 3H5
5.4
St Antoine Daniel
Public160 Finch Avenue West, North York, Toronto, Ontario, M2N 2J2
5.8
St Andrew
Public131 Fenn Avenue, Toronto, Ontario, M2P 1X7
4.1
St Paschal Baylon
Public15 St Paschal Court, Toronto, Ontario, M2M 1X6
7.2

Secondary Schools

Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
8.9
Cardinal Carter-Arts
Public36 Greenfield Avenue, North York, Toronto, Ontario, M2N 3C8
9.3
Monseigneur-de-Charbonnel
Public110 Drewry Avenue, North York, Toronto, Ontario, M2M 1C8
6.2
Loretto Abbey
Public101 Mason Boulevard, Toronto, Ontario, M5M 3E2
7.6
Lester B Pearson
Public7 Snowcrest Avenue, Toronto, Ontario, M2K 2K5
5.1

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.