29 Leacrest Road, Toronto, ON

$1,899,000
MLS#:C8423124
5 beds
3 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Leaside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,899,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 40 x 145 ft lot size
  • Features a apartment 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: Accessory Apartment, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 29 Leacrest Rd - a charming 1950s 1.5-story detached home on a rare and generous 40' x 145' corner lot, nestled on a picturesque tree-lined street in the heart of prestigious Leaside. This beloved 4-bedroom home boasts a cozy living/dining room with a working wood-burning fireplace, updated windows, a 1-bedroom basement suite, and a sprawling fenced private backyard oasis. Perfect for those seeking an affordable entry into Leaside's top-tier schools and vibrant neighbourhood amenities and with endless potential for future development. Whether you're looking to move in right away or to build your forever home, this property is a fantastic opportunity.You will love this street and the vibrant community, with access to excellent schools such as Rolph Road and Leaside. Don't miss out on this rare chance to own a coveted lot in one of Leaside's most sought-after areas!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 16, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementApartment
Lot Size40 × 145 Feet
CountyToronto
Annual Tax$9,355.98
Legal DescriptionPLAN M570 PT LOT 42

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, River/Stream, School

Interior Features

Accessory Apartment, In-Law Suite

Security Features

Community Features

Location

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29 Leacrest 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 29 Leacrest Road, Toronto C11, ON M4G 1E4

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$379,800 (20.0%)
* Minimum Canadian down payment required for this price is $379,800.
Amortization Period25 Years
Estimated Monthly Payment$9,053Based on a loan of $1,519,200 over 25 years.
Purchase Price$1,899,000
Loan Amount$1,519,200
Provincial Land Transfer Tax:$34,455
Toronto Municipal Land Transfer Tax:$34,455
Total Estimated Closing Taxes:$68,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,899,000 in Toronto, the legal minimum down payment is $379,800 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 $34,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,455 also applies, bringing the total estimated land transfer taxes to $68,910.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,045,945

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 Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Pape Avenue
PublicPape Avenue, East York, Toronto, Ontario, M4J 2P5
9.7
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Charles-Sauriol
PublicToronto, Ontario
9.3

Secondary Schools

Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Marc Garneau
Public135 Overlea Boulevard, Toronto, Ontario, M3C 1B3
3.8

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.