298 Glebemount Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 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 1100-1500 sqft on a premium 34.55 x 122.3 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 298 Glebemount Ave! This charming brick 1 1/2-storey home offers 4 bedrooms, 2 full bathrooms, and 1,358 sq. ft. of above-grade living space on an extra-wide 34.55 ft. x 122.30 ft and deep fully fenced lot in a desirable family-friendly neighbourhood. The bright, functional main floor features hardwood flooring throughout the living and dining areas, a spacious eat-in kitchen, two well-sized bedrooms, and a full bathroom. The second main-floor bedroom features walkout sliding doors to the sunroom, creating seamless indoor-outdoor living. The upper level offers two generous bedrooms, a flexible den ideal for a home office or nursery, and a second full bathroom. The finished walk-up basement offers exceptional additional living space with a spacious recreation room complete with a built-in bar and kitchenette, making it ideal for entertaining, extended family, or potential in-law living. The basement also features laundry, abundant storage, and a convenient cold cellar. Major updates including the roof, furnace, and central air conditioning. Step outside to enjoy the expansive backyard complete with a patio, garden shed, and ample space for entertaining, gardening, or future expansion. Detached 270 sqft garage and private driveway parking. The generous lot unlocks a rare opportunity for those looking to renovate, expand, or build their dream home in one of Toronto's most desirable neighbourhoods. Ideally located close to parks, schools including East York Collegiate, Michael Garron hospital, subway, public transit, shopping, and all everyday amenities. An exceptional opportunity for first-time buyers, growing families, investors, or those seeking a well-maintained home with outstanding future potential.
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Property Summary
This detached home located at 298 Glebemount Avenue, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $1,049,000 with an estimated mortgage of $3,492* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 298 Glebemount Avenue, Toronto is in the East York neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in East York, Toronto.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in East York, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Hospital
- Park
- Public Transit
- School
- School Bus Route
Interior Features
- Auto Garage Door Remote
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 298 Glebemount Avenue, Toronto, ON
Q.What is the asking price for 298 Glebemount Avenue, Toronto, ON ?
The current listing price for 298 Glebemount Avenue, Toronto, ON in East York, Toronto is $1,049,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 298 Glebemount Avenue, Toronto, ON ?
298 Glebemount Avenue, Toronto, ON is a Detached (1 1/2 Storey) featuring a Finished, Separate Entrance basement.
Q.What key property features does 298 Glebemount Avenue, Toronto, ON offer?
Key property features include: Fenced Yard, Hospital, Park, Public Transit, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 298 Glebemount Avenue, Toronto, ON M4C 3V3
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 $1,049,000 in Toronto, the legal minimum down payment is $209,800 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 $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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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.