340 Riverview Drive, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bridle Path-Sunnybrook-York Mills. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $6,495,000 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.
- 6 Bedrooms and 8 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 130.43 x 317.65 ft lot
- Features a crawl space, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Quietly tucked away on a majestic cul-de-sac in Toronto's prestigious Teddington Park neighbourhood, this premier ravine property backs directly onto one of Canada's finest clubs: Rosedale Golf Club. Unparalleled privacy and a serene connection with nature. Situated atop a spectacular treed ravine, the residence features numerous expansive windows that provide captivating, year-round views of the surrounding natural landscape. The entire 0.62-acre estate is fully gated and secure, ensuring complete seclusion, absolute peace of mind, and top-tier security. This striking home also includes an attached triple-car garage with plenty of secure parking situated behind the beautiful, custom wrought-iron gates. The outdoor space is remarkably impressive, showcasing a backyard paradise that features a refreshing saltwater pool, a classic stone terrace, and a spacious deck that dramatically cantilevers over the verdant ravine. Inside, this expansive 7,386-square-foot residence features a massive, well-proportioned floor plan layout offering six spacious bedrooms and eight bathrooms. Soaring ceilings anchor the triple-scaled living room, creating an airy, grand atmosphere for elegant entertaining. The main floor also hosts a dedicated billiards and recreation room, ideal for hosting guests or relaxing with family. A brilliant, light-filled octagon-shaped home office features wrap-around windows that overlook the natural beauty outside. This property presents an incredible possibility to design your dream estate home using the existing foundation (please consult your architect) or transform the existing structure to perfectly suit your specific lifestyle desires. Buyers also have the option to purchase, at an additional cost, the adjacent severed lot, which currently serves as the property's private tennis court. Combining these parcels would grant an impressive 229 feet of frontage on one of Toronto's most coveted streets, allowing for an even grander architectural vision.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Fenced Yard, Golf, Greenbelt/Conservation, Ravine, River/Stream
Interior Features
Auto Garage Door Remote, Built-In Oven, Central Vacuum, Countertop Range, In-Law Capability, Sauna, Steam Room, Storage, Sump Pump
Security Features
Alarm System, Monitored, Security System
Community Features
Location
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 340 Riverview Drive, Toronto C12, ON M4N 3E1
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 $6,495,000 in Toronto, the legal minimum down payment is $1,299,000 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 $148,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $148,850 also applies, bringing the total estimated land transfer taxes to $297,700.
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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.
