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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,990,000 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.
Discover luxury living at its finest in this beautifully renovated 4+4 bedroom home on a 60ft lot, nestled in the prestigious Bayview/ York Mills area. Step into the grand entrance hall, where a soaring double-height ceiling, custom millwork, and elegant tile flooring set the stage for over few hundred thousand dollors in upgrades that elevate this home. The open-concept living & dining area is perfect for entertaining or intimate family moments. A stunning family room, adorned with a striking 3-D tile accent wall & fireplace, offers seamless access to the tranquil backyard, featuring a sparkling pool and pool house for your personal oasis of relaxation.The chef's kitchen is a culinary masterpiece, designed with new countertops, a stylish backsplash, floor to ceiling pantry cabinets and a cozy breakfast area with skylight. Upstairs has 4 generously sized bedrooms with tons of natural light from the skylight. The expansive primary suite is a private retreat, complete with 2 walk-in closets, tons of closet space and built in cabinets, plus his 3pc ensuite & her spa-like 6-piece ensuite with 2 new windows, offering the ultimate in comfort and elegance.The lower level expands your living space, offering incredible versatility with 4 additional rooms that can serve as bedrooms, perfect for In laws. The inviting recreation area, enhanced by a classic brick fireplace and a sleek wet bar, is the perfect setting for gatherings and entertainment.Outside, the serene backyard oasis is designed for luxury and leisure, with a pristine pool and peaceful ambiance that make this home the ultimate sanctuary. Experience the perfect blend of elegance, comfort, and modern luxury at 31 Cheval Drive.
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Data-driven valuation for 31 Cheval Drive, Toronto C13, ON M3B 1R5
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 $2,990,000 in Toronto, the legal minimum down payment is $598,000 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 $61,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,225 also applies, bringing the total estimated land transfer taxes to $122,450.
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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.