245 Ferris Road, Toronto, ON

$1,299,000
MLS#:E13457416
6 beds
5 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,299,000 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 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 30.66 x 193.88 ft lot
  • Features a finished with walk-out, apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, ERV/HRV, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning custom-built 4-bedroom home with a separate legal 2-bedroom basement suite set on a rare 30x194ft lot sought-after O'Connor-Parkview neighbourhood! This gorgeous home offers an exceptional design, space, and versatility, including an outstanding income potential! The welcoming main floor foyer features porcelain flooring, large closet and soaring 12 ft ceilings that carry through the main floor accented by refined European-inspired contemporary fluted paneling. The open-concept main level is bathed in natural light from expansive windows and showcases gorgeous engineered hardwood flooring and wainscoting throughout. The large dining area is perfect for entertaining, while the show-stopping kitchen impresses with abundant storage, top-of-the-line appliances along with sleek quartz countertops and backsplash. Sliding glass doors extend the living space outdoors to an expansive deck and a fully fenced back yard. The spacious living room overlooks the main floor, creating an ideal setting for everyday living and family gatherings. Oak stairs with glass railings lead to the second level highlighted by a large skylight and convenient upper-floor laundry. The serene primary suite is a luxurious retreat featuring a private balcony, walk-in closet, and spa-like 7-piece ensuite with double vanity, glass shower with body sprays, and a soaker jacuzzi tub. Three additional spacious bedrooms offer generous closet space, abundant natural light, and direct access to bathrooms each with glass shower with body spray. The bright, legal basement apartment includes large above-grade windows, two bedrooms each with direct walkouts to a large patio, a full kitchen, laundry, and a 4-piece bath, ideal for rental income or extended family. Set on an exceptionally deep 194-foot lot, the backyard is a rare offering with tremendous future potential for a massive garden suite. This home is ideally located near TTC and GO Transit, walk to local shops, supermarket, parks and schools!

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Key Features

Bedrooms
6
Bathrooms
5
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished with Walk-Out, Apartment, Separate Entrance
Lot Size30.66 × 193.88 Feet
CountyToronto
Annual Tax$9,072
Legal DescriptionPART LOT 11, PLAN 3294, PART 1 66R-32565 CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Place Of Worship, Public Transit, School

Interior Features

Auto Garage Door Remote, ERV/HRV, On Demand Water Heater, Sump Pump, Water Heater Owned

Security Features

Community Features

Location

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245 Ferris Road, 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 245 Ferris Road, Toronto E03, ON M4B 1H2

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$259,800 (20.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period25 Years
Estimated Monthly Payment$6,193Based on a loan of $1,039,200 over 25 years.
Purchase Price$1,299,000
Loan Amount$1,039,200
Provincial Land Transfer Tax:$22,455
Toronto Municipal Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$44,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.

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$1,167,651

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.