423 Connaught Avenue, Toronto, ON
This listing is no longer active (Sold)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 Backsplit 4 detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,000 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 6 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50 x 130 ft lot
- Features a separate entrance, finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability, In-Law Suite, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity To Own A Renovated Residence In A Prestigious, High-Demand Neighbourhood Surrounded By Multi-Million Dollar Homes Nestled On A Premium 50 X 130 Ft Lot On The South Side Of Connaught Ave. Exceptional Location Steps To Transit, Subway, Centrepoint Mall, Fine Dining, And Everyday Amenities. Approx 2,500 Sqft Of Above-Grade Living Space + 1,200 Sqft Finished Basement. Thoughtfully Redesigned With Premium Finishes Throughout Featuring *** 3 Self-Contained Units *** With Separate Entrances *** Main Level: Elegant Open-Concept Living/Dining, Designer Eat-In Kitchen, 3 Bedrooms, 3 Washrooms, And Private Laundry. *** Walk-Out Level: Sun-Filled Space With Floor-To-Ceiling Windows, Modern Kitchen, 3-Piece Bath, And Renovated Bedroom With Above-Grade Window *** Lower Level: Spacious Suite With Large Living/Dining Area, 1 Bedroom, And 2 Washrooms (2-Pc & 3-Pc). Double Car Garage + Driveway Parking For Up To 6 Cars. Extensive Renovation With Significant Investment. Ideal For End-Users, Multi-Generational Living, Or Investors. Strong Income Potential Of Approx. $7,500/Month With 6%+ Cap Rate. ***OFFER ANYTIME***
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
In-Law Capability, In-Law Suite, Water Heater Owned
Security Features
Community Features
Location
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 423 Connaught Avenue, Toronto C07, ON M2R 2M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $1,398,000 in Toronto, the legal minimum down payment is $279,600 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 $24,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,435 also applies, bringing the total estimated land transfer taxes to $48,870.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Newtonbrook West, Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.
