38 Elmer Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,999,900 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 25 x 123 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A rare find in the Beach! This large, detached 3-storey home offers exceptional space with 4+1 bedrooms, 4 bathrooms, a sunroom and a perfect blend of timeless character and modern luxury throughout. Light oak floors, reclaimed wood beams, and custom trim bring warmth and style throughout. The open-concept main floor features a chef's kitchen with stainless steel appliances, wine fridge, and a 10.5-ft island with built-in wine rack, plus a walkout to a brand-new deck overlooking a sunny, private west-facing yard, perfect for entertaining. The lower level impresses with 7.5-ft ceilings, a flexible layout ideal for a gym, media room, or guest suite, and a large, beautifully organized storage area (a rare find in the Beach) easily converted back to a bedroom or office. Upstairs offers 3 generous bedrooms and a full laundry room for everyday convenience, while the third-floor retreat is drenched in natural light, featuring skylights, an oversized walk-in closet, and a 5-piece ensuite with a soaker tub and serene views that make you feel miles from the city. Set in the heart of the Beach, this welcoming home is just steps to Queen Street, Kew Beach PS, parks & transit. City approval for front pad parking - homes of this size and quality rarely come up in the Beach, so don't wait to see it!
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Pricing & Value Insights
Data-driven valuation for 38 Elmer Avenue, Toronto E02, ON M4L 3R7
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 $1,999,900 in Toronto, the legal minimum down payment is $399,980 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 $36,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,473 also applies, bringing the total estimated land transfer taxes to $72,946.
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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.
