245 Patricia Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $3,498,000 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 8 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 50 x 132 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Separate Heating Controls, Sump Pump, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 245 Patricia Avenue. A newly built, truly one of a kind luxury residence in the heart of North York. This exceptional home offers a rare and highly versatile layout featuring two fully independent living units under one roof, plus a walk up basement and an impressive 4 car indoor garage.A designer home that seamlessly balances elegance with practicality, it showcases thoughtful planning and meticulous attention to detail. Every inch has been crafted for functionality, with abundant storage integrated throughout.Perfect for multi generational living, investors, or anyone seeking flexible living arrangements, this residence blends style, privacy, and utility in a single remarkable package.Inside, you'll find modern, open concept living areas, sophisticated finishes, and contemporary architectural details that create a refined yet comfortable atmosphere. Ideally situated in one of Toronto's most desirable neighbourhoods, the property offers close proximity to top rated schools, parks, shopping, dining, and convenient transit options along a vibrant corridor. Built-in 2023. A rare offering that combines luxury, innovative design, quality craftsmanship, and everyday practicality.A must see property.
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Features
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Interior Features
Separate Heating Controls, Sump Pump, Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 245 Patricia Avenue, Toronto C07, ON M2M 1J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,498,000 in Toronto, the legal minimum down payment is $699,600 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 $73,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,925 also applies, bringing the total estimated land transfer taxes to $147,850.
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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.
