41 Hill Crescent, Toronto, ON

$3,999,000
MLS#:E11176950
5 beds
7 baths
5000 + sqft
12.0 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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,999,000 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 7 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 100 x 412 ft lot
  • Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Ventilation System, Built-In Oven, Generator - Partial
  • equipped with central air central cooling and highly efficient forced air heating via ground source

Description

Incredible opportunity to own a 100ft x 412ft property with 180 degree unobstructed views of lake Ontario. The 14 Year old home is built on concrete foundation and metal beams that allow for long open spaces with large floor to ceiling windows that line the back of the property with unobstructed infinity views of the lake and southern exposure. Over 7000 sqft of total living space, this custom home has an incredible layout with high ceilings that makes it feel airy and bright. Five generously sized bedrooms on the second floor where three of the bedrooms in the rear have direct access to large balconies to enjoy the incredible view. The primary bedroom has vaulted ceilings, a 5 piece ensuite, walk-in closet and an oversized covered balcony. The home boasts many upgraded features such as a heated driveway, heated floors, geo-thermal heater units, generator, elevator, professional grade appliances, powered gates, security system with cameras, built-in sound system with speakers and so on. However this home has not been well maintained in the past 5 years and many of these features and some components of the home are not fully functional or in disrepair. Any potential buyer is encouraged to get their own inspection to determine the extent of the work required to bring it back to its original state.

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Key Features

Bedrooms
5
Bathrooms
7
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 31, 2025
Sold price information is available to members only
Listed Date11/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementSeparate Entrance, Partially Finished
Lot Size100 × 412 Feet
CountyToronto
Annual Tax$29,549
Legal DescriptionLT32 PL4185 SCARBOROUGH; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces12.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Lake/Pond

Interior Features

Ventilation System, Built-In Oven, Generator - Partial, Intercom, Wheelchair Access

Security Features

Community Features

Location

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41 Hill Crescent, 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 41 Hill Crescent, Toronto E08, ON M1M 1J3

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$799,800 (20.0%)
* Minimum Canadian down payment required for this price is $799,800.
Amortization Period25 Years
Estimated Monthly Payment$19,065Based on a loan of $3,199,200 over 25 years.
Purchase Price$3,999,000
Loan Amount$3,199,200
Provincial Land Transfer Tax:$86,450
Toronto Municipal Land Transfer Tax:$86,450
Total Estimated Closing Taxes:$172,900

About Purchasing a Home in Toronto, ON

For a property listed at $3,999,000 in Toronto, the legal minimum down payment is $799,800 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 $86,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,450 also applies, bringing the total estimated land transfer taxes to $172,900.

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 Scarborough Village, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$835,082

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

St Ursula
Public215 Livingston Road, Scarborough, Toronto, Ontario, M1E 1L8
6.7
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Agatha
Public49 Cathedral Bluffs Drive, Scarborough, Toronto, Ontario, M1M 2T6
4.3
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Margaret
Public235 Galloway Road, Scarborough, Toronto, Ontario, M1E 1X5
7.4

Secondary Schools

Sir Wilfrid Laurier
Public145 Guildwood Parkway, Scarborough, Toronto, Ontario, M1E 1P5
6.2
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

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.