48 Kingsway Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,998,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 40 x 120 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient water heating via gas
Description
This is a "Forever" Address: 48 Kingsway Crescent - A Classic, Two-Storey Tudor Home on a 40 x 120 Foot Lot on the Most Coveted and Prestigious Street in The Kingsway! Lovingly Maintained and Updated by the Seller for Almost 60 years, this Charming Home is Ready for its Next Family. Large Lot and Existing Footprint Of the House Allows for Renovation or Addition: Upper Level Includes 4 Bedrooms/2 Bathrooms, Ample Closet Space, Pella Windows, and Gleaming Hardwood Floors. Main Level Boasts Great Sightlines and Sun Drenched & Oversized Principal Rooms: Formal Living Room with Fireplace and Huge Bay Window Overlooking Serene Kingsway Crescent, An Updated Kitchen, The Dreamiest Breakfast Nook, and Large Formal Dining Room Which Flows into Family Room. Family Room Addition Boasts Extra Square Footage and Tons of Natural Light Due to Another Large Bay Window and Skylight and Overlooks the Deep, Private Backyard . A Secondary Staircase and Walkout to Backyard Complete this Level. High and Dry Basement With Large Above Grade Windows Boasts a Hobby Room, Rec Room with Gas Fireplace, Cold Cellar, Laundry, 3rd Bathroom and Tons of Storage.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 48 Kingsway Crescent, Toronto W08, ON M8X 2R6
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 $1,998,000 in Toronto, the legal minimum down payment is $399,600 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 $36,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,435 also applies, bringing the total estimated land transfer taxes to $72,870.
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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.
