4042 Ellesmere Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,488,000 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.
- 7 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50.13 x 100.06 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious Multi-Family Home. With the Potential of 2 Income Units. Welcome to 4042 Ellesmere Rd!! This Home Offers Great Flexibility To Accommodate Diverse Living Arrangements! Legal 2 Bedroom Apt, $35K in Recent Upgrades, Fire Rated Entry/Exit Doors, Large Egress windows making this Home Perfect for Generating Rental Income or Accommodating Family. FIVE SPACIOUS, +2 Bedrooms, Over 3,000 of Above Grade Sq Ft , the Open-Concept Main Floor Includes a Combined Living and Dining Area, a Cozy Family Room with a Fireplace, and a Large Kitchen with a Center island, Granite Countertops, and a Breakfast Area that Opens to a Large Deck Perfect for Entertaining or Family Gatherings. Main Floor Library can Easily be Converted as an Additional Bedroom with the Main floor's 3-piece Bathroom with Shower Adding Versatile Flow. Additionally, this Home Features two more full Large Spa like Bathrooms on the second floor, a short walk to the TTC and only minutes from the University of Toronto Scarborough, Centennial College, shopping centres, and everyday conveniences. With the nearby GO Station and quick access to Highway 401, commuting couldn't be easier!
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Pricing & Value Insights
Data-driven valuation for 4042 Ellesmere Road, Toronto E10, ON M1C 1J2
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 $1,488,000 in Toronto, the legal minimum down payment is $297,600 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 $26,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,235 also applies, bringing the total estimated land transfer taxes to $52,470.
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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.
