481 Glenlake Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of High Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,399,000 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.
- 3 Bedrooms and 4 Bathrooms
- Premium 37.75 x 180.83 ft lot size
- Features a separate entrance, 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: Water Meter, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Stately Family Home Both Inside & Out! This newly renovated stunner is located on one of the best streets in High Park offering A RARE 38.75 feet x180 feet (96 feet at the rear), Ravine style backyard with lots of privacy & large flat area to play & entertain. Step inside, & it's clear this is no quick flip. Fresh (only 2-yrs old) top to bottom, "down-to-the-studs" quality renovation, was designed w/ intention & family living in mind. Enter through the custom front door & set the stage for a home that feels both timeless & contemporary. The formal living & dining room is a statement space. It can be as grand or casual, but one thing is certain it's stunning. A mid-century modern fireplace serves as the focal point, creating a cozy yet sophisticated ambiance. Oversized 8-foot bay window lets sunlight stream in! Next up is the showstopper custom kitchen - it's equal parts stunning & practical. A family-sized kitchen w/ casual dining space, huge island, tons of counter space & high-end appliances make this a dream for home chefs! Head upstairs to a family-sized 2nd floor w/ two large bedrooms, each w/ oversized windows & roomy closets. The primary suite is a true sanctuary that is anything but ordinary. Spacious for a king-sized bed, this bright & airy retreat boasts soaring vaulted ceilings, walk-in closet & serene atmosphere overlooking the tree canopy. Showstopper? The ensuite. This spa-like escape is straight out of a magazine, double vanity, huge walk-in shower & soaker tub that practically begs for a long, relaxing bath. Most basements are, well basements. But not this one. This fully underpinned lower level is next-level luxurious, featuring heated polished concrete floors and huge above grade windows, make it the coziest place in the house. This basement is huge, bright versatile & perfect for movie nights, playdates & perfect WFH !
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Pricing & Value Insights
Data-driven valuation for 481 Glenlake Avenue, Toronto W02, ON M6P 1G9
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 $2,399,000 in Toronto, the legal minimum down payment is $479,800 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 $46,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $46,450 also applies, bringing the total estimated land transfer taxes to $92,900.
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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.
