387 Elm Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lawrence Park North. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,710,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 35 x 105 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage, Workbench
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained detached bungalow with a built-in garage, located in the heart of the prestigious Cricket Club neighbourhood. Situated on a spacious 35 x 105 ft lot, this home features 3+1 bedrooms, 3 bathrooms, a formal living room, and a separate family/rec room perfect for comfortable living and entertaining. You'll also find ample storage throughout, along with a dedicated workshop space ideal for hobbies or creative projects. This move-in ready home is perfect for end-users, while also offering incredible potential for developers or builders to create a custom dream home on a premium lot. Ideally positioned near some of Toronto's top private schools UCC, BSS, Havergal College, TFS, and Crescent School as well as the highly rated John Wanless Junior Public School. Just steps from Avenue Road and minutes to shops, dining, the TTC subway, and major highways, this home combines convenience, comfort, and endless potential in one of the city's most desirable neighbourhoods.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School, Library
Interior Features
Primary Bedroom - Main Floor, Storage, Workbench
Security Features
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 387 Elm Road, Toronto C04, ON M5M 3V9
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 $1,710,000 in Toronto, the legal minimum down payment is $342,000 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 $30,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,675 also applies, bringing the total estimated land transfer taxes to $61,350.
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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.
