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Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,495,000 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.
Location! Location! Location! Prime Annex/Yorkville area, on one of the most iconic and sought-after streets, this home boasts an address of distinction. Just steps away from galleries, shops, restaurants, and both lines of the TTC, this gracious residence exudes character from the moment you enter. The spacious principal rooms, leaded glass windows, high ceilings, and original woodwork combine to create an ambiance of timeless elegance. The home features multiple fireplaces, high baseboards, cast-iron radiators, and original wainscoting. The main floor includes a large living room, an elegant dining room, a Chef's kitchen, and a cozy breakfast room with French doors opening to a back deck and a private garden. Two staircases lead to the second floor, where you'll find a generous primary bedroom retreat with a walk-through closet, a newly renovated 4-piece ensuite bath, and a bright Sunroom with skylight and many windows. French glass doors open to a large second bedroom or sitting room/family room, which includes another newly updated 3-piece ensuite bath. There is also laundry on the second floor, along with two separate bathrooms. The third floor features three bedrooms, an office, and a newly updated 3-piece bath. The lower level, with a separate entrance, offers a rec room, two bedrooms, a new ensuite bath, a kitchen, and additional laundry. Parking is available for two cars outside on a heated driveway, plus two in a new detached garage with a lift ( 4 total ). The house is virtually staged. Home Inspection available. Opportunity to design your own vision in a grand scale.
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Data-driven valuation for 40 Admiral Road, Toronto C02, ON M5R 2L5
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 $3,495,000 in Toronto, the legal minimum down payment is $699,000 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 $73,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,850 also applies, bringing the total estimated land transfer taxes to $147,700.
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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.