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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick and hardboard construction, this residence presents an exceptional opportunity offered at $2,145,000 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.
Located within one of the city's most private lakefront enclaves stands a home of rare distinction. Legacy homes like this seldom reach the market. Set on an exceptionally generous lot with private drive, this substantial residence offers both impressive square footage and expansive yards. The coveted wraparound porch, a historical feature unavailable elsewhere in the neighbourhood demonstrates architectural and family intention. Mature trees frame the entrance where afternoon light filters through the lush canopy. The home presents layers of considered design. Material selections reflect quality craftsmanship. Each room holds a specific purpose and unexpected detail. The custom kitchen centres the home with two islands creating natural workflow. Built-in appliances and a AGA stove establish a space for the refined chef or messy cookie making with the kids. A raised wood-burning fireplace provides both warmth and visual anchor to the entire main level. Bedrooms and bathrooms are distributed throughout with deliberate placement. The principal suite creates a private escape: expansive treetop terrace, dedicated dressing area, generous walk-in closet, and bathroom designed for quiet luxury. Secondary beds offer individual character, abundant storage, natural light, and distinct function. The second floor wraparound family room provides elevated lake views through a treehouse-like perspective. The lower level accommodates a guest/ in-law Murphy bed, baking and craft space, office, and family room that balances intimacy with grandeur. Exterior include sports court, koi pond, abundant green spaces and a workshop combining recreation with utility. Recent mechanical upgrades ensure seamless operation, while in-floor heating and forced air conditioning deliver comfort and efficiency. This represents architecture that prioritizes longevity, exceptional comfort, and lasting impression on your family. You can buy typical or you could buy a one of a kind legacy.
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Fenced Yard, Lake/Pond, Public Transit
Air Exchanger, Bar Fridge, Central Vacuum, Storage, Water Heater Owned, Built-In Oven
Alarm System, Carbon Monoxide Detectors
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 48 Fourth Street, Toronto W06, ON M8V 2Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,145,000 in Toronto, the legal minimum down payment is $429,000 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 $40,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,100 also applies, bringing the total estimated land transfer taxes to $80,200.
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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.