407 Richview Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,295,000 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.
- 6 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 40 x 128 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 407 Richview Ave located in the Heart of Forest Hill South! Don't miss this inviting family home with grand living room/ dining rm for entertaining, an updated gourmet kitchen that is a chef's dream with an oversized centre island, gourmet appliances and a fabulous family room overlooking the backyard. Renovated main floor powder rm. The spacious primary suite offers a walk-in closet, a 6 pc ensuite and a walk-out to an oversized upper deck with amazing vistas of the garden. A terrific lower level with 2 bedrooms offering flex space for a gym, office and/or nanny's rm, and a spacious Rec Rm for kids to play.The backyard is another amazing entertaining space with swimming pool (vinyl), jacuzzi, cabana and covered seating area. The house has a double private driveway with parking for 4 cars plus a garage.This home is perfectly located close to some of the best private, public and day schools, shops of Eglinton and Forest Hill Village, future LRT, parks and belt-line. Don't miss it!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 407 Richview Avenue, Toronto C03, ON M5P 3G7
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 $3,295,000 in Toronto, the legal minimum down payment is $659,000 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 $68,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $68,850 also applies, bringing the total estimated land transfer taxes to $137,700.
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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.
