Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $2,998,000 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.
Luxurious Custom-Built Home with Elevator & Heated Driveway Premium Features Stunning custom-built residence offering nearly 6,300 sq. ft. of total living space (approx. 4,300 sq. ft. above grade plus a professionally finished walk-out basement). Designed with exceptional craftsmanship, high ceilings on all levels, and elegant architectural details including millwork, built-ins, and coffered ceilings.This home features a private 4-stop elevator, heated driveway and steps, and two kitchens on the main floor-a designer showcase kitchen alongside a fully equipped functional cooking kitchen-perfect for entertaining and everyday living. The open-concept kitchen and family room create an inviting space for gatherings.All bedrooms are generously sized and include private ensuites. The luxurious primary suite offers a 6-piece ensuite with heated floors, a fireplace, and a spacious walk-in closet with a large south-facing window.The bright walk-out lower level boasts heated floors, a home theatre with projector and screen, a wet bar, and high ceilings-ideal for recreation and entertaining. Convenient direct access from the garage to a mudroom enhances functionality.Additional highlights include:Premium appliances (Wolf 6-burner gas range with griddle, panelled fridge, built-in oven/microwave/dishwasher)Secondary kitchen with additional stove and microwavePot fillerGas fireplacesBuilt-in speakersCentral vacuumTwo washers & two dryersDual home automation systemsIdeally located close to shopping, parks, and top-rated schools.
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Park, Place Of Worship, Public Transit, School, Rec./Commun.Centre
Central Vacuum, Built-In Oven, Sump Pump, Water Heater, Ventilation System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 261 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.
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 $2,998,000 in Toronto, the legal minimum down payment is $599,600 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 $61,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,425 also applies, bringing the total estimated land transfer taxes to $122,850.
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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.