408 Ontario Street, Toronto, ON

$2,250,000
MLS#:C12060785
5 beds
5 baths
700-1100 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,250,000 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.

  • 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 49.5 x 28 ft lot
  • Features a finished 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

The ultimate work from home property. 2/3 of the house is a 3-bedroom 3-bathroom home. 1/3 is a Commercial bi-level workspace with a kitchenette, 2 offices/bedrooms and 2 bathrooms, with plenty of storage. The Residential side is impressive w/soaring ceilings, 2 gas fireplaces, stainless steel kitchen and a large deck. The principal bedroom has a spa-like ensuite with a rain shower head, heated towel rack & steam shower..... Well Over 3,500 sf in total. **EXTRAS** Top of the line improvements with attention to details. Slate roof. Zoned Commercial / Residential. Steps to public transit, restaurants, shops and cafes. Mins to Yonge & Dundas & Financial District.

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date4/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionBrick
BasementFinished
Lot Size49.5 × 28 Feet
CountyToronto
Annual Tax$16,104.72
Legal DescriptionPt Blk 2 Pl D2 Toronto Pt 2, 63R2625

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Place Of Worship, Public Transit, School

Interior Features

Other

Security Features

Community Features

Location

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408 Ontario Street, Toronto, ON
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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 408 Ontario Street, Toronto C08, ON M5A 2W1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$450,000 (20.0%)
* Minimum Canadian down payment required for this price is $450,000.
Amortization Period25 Years
Estimated Monthly Payment$10,727Based on a loan of $1,800,000 over 25 years.
Purchase Price$2,250,000
Loan Amount$1,800,000
Provincial Land Transfer Tax:$42,725
Toronto Municipal Land Transfer Tax:$42,725
Total Estimated Closing Taxes:$85,450

About Purchasing a Home in Toronto, ON

For a property listed at $2,250,000 in Toronto, the legal minimum down payment is $450,000 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 $42,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $42,725 also applies, bringing the total estimated land transfer taxes to $85,450.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Moss Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$955,122

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.