348 Prince Edward Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999,999 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.
- 3 Bedrooms and 3 Bathrooms
- Premium 40 x 125 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in one of the most sought-after neighbourhoods in The Kingsway, this home epitomizes luxury and convenience. The area is known for its tree-lined streets, top-tier schools, and proximity to parks and walking trails. Families will appreciate the vibrant local community and the quick access to shops, cafes, and transit, offering a blend of quiet suburban living with all the essentials close at hand.Step inside, and you're greeted by a beautifully designed mudroom with built-in shelves, perfect for organizing the family's belongings. Hardwood floors span throughout, adding warmth and elegance, while potlights and crown moulding add a touch of sophistication. The cozy fireplace in the living area creates the perfect spot to relax and unwind after a long day.The kitchen is a chef's delight with ample cabinets for all your storage needs, offering functionality without compromising on style. The primary bedroom is a true retreat, featuring a walk-out to a private deck where you can enjoy morning coffee or unwind in the evenings.The finished basement offers a versatile space for family movie nights or gatherings. It also includes an additional bedroom and bathroom, making it an ideal guest suite or a private space for family members.The backyard is an entertainer's dream, designed for both relaxation and recreation. Whether it's practicing basketball, hockey, or soccer, theres ample space for activities. Imagine hosting BBQs, enjoying outdoor meals, or simply relaxing with friends in this peaceful setting.This home offers a seamless blend of modern comforts and classic elegance, making it perfect for families looking for a home in one of the most prestigious areas of The Kingsway.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 348 Prince Edward Drive N, Toronto W08, ON M8X 2L5
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 $1,999,999 in Toronto, the legal minimum down payment is $400,000 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 $36,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,475 also applies, bringing the total estimated land transfer taxes to $72,950.
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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.
