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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,999,000 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.
Location, Location, Location. Ideally situated on a quiet, low-traffic cul-de-sac in the heart of Midtown, this home offers exceptional proximity to the newly opened Eglinton Line 5 LRT, TTC bus routes, and easy access to Line 1 subway. Steps to shops, restaurants, cafes and everyday conveniences. Located within the highly regarded school district for John Fisher, Hodgson Middle School, and North Toronto or Northern CI - making this an outstanding long-term family investment.This gorgeous home is set on a rare approx. 25 x 188 ft ravine lot, offering remarkable privacy and a peaceful, tree-lined backdrop rarely found in Midtown. Offering 4 + 1 bedrooms and 4 bathrooms, this home provides ideal space for growing families, guests, and a home office setup. High soaring ceilings, and 3 skylights abundant natural light, and thoughtful custom millwork create a bright, airy interior. The spacious master bedroom features a spa-inspired ensuite. The property also includes a legal front pad parking. A highly valuable and convenient feature in this sought-after neighbourhood. The backyard provides a true cottage-like ambience with mature trees, expansive upper and lower decks, covered BBQ area with natural gas hookup, and exceptional space for entertaining year-round.The home has been extensively updated and renovated, including a beautifully redesigned kitchen with new appliances, updated countertops, sink and fixtures. Numerous structural and mechanical improvements have been completed over the years, including roof replacement (2019), heat pump and cooling installation (2024), extensive replaced drainage system incl. backwater valve (2024), basement bathroom renovation, flooring refinishing/replacement, and full interior repainting. Two natural gas fireplaces add warmth and character. Beyond the front door awaits a remarkable interior that seamlessly opens to the stunning ravine backyard - delivering privacy, tranquility, and city convenience in one exceptional offering.
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Carpet Free, Sump Pump, Central Vacuum
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This could be the first listing for this address.
Data-driven valuation for 294 Erskine Avenue, Toronto C10, ON M4P 1Z4
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 $1,999,000 in Toronto, the legal minimum down payment is $399,800 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 $36,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,455 also applies, bringing the total estimated land transfer taxes to $72,910.
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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.