298 Berkeley Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,998,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 25.26 x 122 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Breathtaking on Berkeley. Welcome to this rare and enchanting detached Victorian in the heart of South Cabbagetown. Meticulously preserved, this timeless residence showcases original stained glass doors, soaring 12 foot ceilings, a grand sweeping staircase, and a statement wood burning fireplace, all thoughtfully set within expansive, light filled living spaces.Designed with entertaining in mind, the chef's kitchen features accordion doors that open seamlessly to the backyard, creating effortless indoor outdoor flow for gatherings year round. Upstairs, the sun drenched primary retreat offers a private ensuite. Two additional bedrooms provide flexible space for a growing family, home office, or guest accommodations.The expansive semi finished basement presents exceptional potential to customize to your needs. A rare detached two car garage adds incredible value, with exciting laneway house potential.Just steps to parks, cafés, restaurants, schools, and transit, this home perfectly balances vibrant city living with the charm and tranquility of a tree lined street. A true piece of Toronto history, this is one you do not want to miss.
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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 298 Berkeley Street, Toronto C08, ON M5A 2X5
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 $1,998,000 in Toronto, the legal minimum down payment is $399,600 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 $36,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,435 also applies, bringing the total estimated land transfer taxes to $72,870.
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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.
