483 Prince Edward Drive, 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 construction, this residence presents an exceptional opportunity offered at $2,998,000 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.
- 5 Bedrooms and 4 Bathrooms
- Premium 50 x 125 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prestigious Kingsway Custom built home with 3000+sq.ft. Magnificently crafted and maintained by original owners. Vaulted Foyer, multiple Skylights, Oak Staircases. Perola Kitchen, S/S Appliances Family Rm with gas Fireplace. Walk out from Breakfast Area and Family Rm to expansive Deck with 2 gas hook ups. 4 large bdrms on 2nd floor plus 5th on ground level, if needed. Primary has 5-pc ensuite & walk/In closet with dressing area. Recreation Room has rough-in for Fireplace and for Wet bar/kitchenette. Nanny or in-law suite possible. Lower level walks out directly to fenced-in backyard, covered patio area, pool house and an inground salt water pool. Double, deep interlocking brick drive can accommodate 6 cars. Double garage w 8' doors and 12' interior ceiling height. Direct indoor access to home. Great Schools!! Walk to subway. Home overlooks Lambton-Kingsway Park.
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Pricing & Value Insights
Data-driven valuation for 483 Prince Edward Drive N, Toronto W08, ON M8X 2M4
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 $2,998,000 in Toronto, the legal minimum down payment is $599,600 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 $61,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,425 also applies, bringing the total estimated land transfer taxes to $122,850.
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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.