489 Glenlake Avenue, Toronto, ON

$2,399,000
MLS#:W12057381
5 beds
3 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of High Park North. Expertly crafted featuring premium brick and shingle 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 34.33 x 177.5 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability, Storage, Sump Pump
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via gas

Description

A rare find in Bloor West Village, this beautifully landscaped 34' x 178' reverse-ravine lot offers exceptional privacy and a backyard built for family fun and entertaining. Surrounded by trees and green space, enjoy two patio areas and a back deck with gas BBQ hookup, perfect for hosting friends or relaxing in your own private outdoor retreat. Inside, this warm and inviting home boasts a three-story addition and a major renovation completed in 2012,blending timeless charm with modern function. The formal dining room with cozy fireplace flows into an open concept kitchen and sun-filled family room both featuring in-floor radiant heating for year-round comfort. The kitchen is anchored by a massive center island with seating for four, granite countertops, and all stainless steel appliances, perfect for everyday living or entertaining. Work from home? There's a custom-designed workspace with built-in storage and shelving, ideal for remote work or a kids homework zone. The family room overlooks the stunning backyard with a walkout to the back deck creating a seamless connection between indoor comfort and outdoor living. Upstairs offers four generously sized bedrooms, including a bright and sunny primary retreat with a spa-like 3-piece ensuite featuring slate finishes, and an oversized walk-in closet that feels like its own room. All three additional bedrooms feature high-end ceiling fans and large windows; two include deep double closets offering excellent storage space. Fighting for bathroom space? Enjoy the additional renovated(2023)4-piece bathroom with marble counters. The spacious, professionally underpinned basement offers a rec room and 3-piece bath with cozy in-floor heating, a dedicated home gym with pocket doors, and a versatile 5th bedroom or office featuring a queen-size Murphy bed ideal for guests or your kids sleepovers. Just a short stroll to top-rated schools, shops and cafes of vibrant Bloor West Village, TTC, and quick access to downtown.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 10, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Shingle
BasementFull, Finished
Lot Size34.33 × 177.5 Feet
CountyToronto
Annual Tax$10,757.94
Legal DescriptionPLAN M501 PT LOT 93

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Library, Park, Place Of Worship, Public Transit, School, Wooded/Treed

Interior Features

In-Law Capability, Storage, Sump Pump, Water Heater, Water Meter

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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489 Glenlake Avenue, Toronto, ON
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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 489 Glenlake Avenue, Toronto W02, ON M6P 1G9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$479,800 (20.0%)
* Minimum Canadian down payment required for this price is $479,800.
Amortization Period25 Years
Estimated Monthly Payment$11,437Based on a loan of $1,919,200 over 25 years.
Purchase Price$2,399,000
Loan Amount$1,919,200
Provincial Land Transfer Tax:$46,450
Toronto Municipal Land Transfer Tax:$46,450
Total Estimated Closing Taxes:$92,900

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.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for High Park North, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,329,258

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Keele Street
Public99 Mountview Avenue, Toronto, Ontario, M6P 2L5
6.7
Perth Avenue
Public14 Ruskin Avenue, Toronto, Ontario, M6P 3P8
6.5
Indian Road Crescent
Public285 Indian Road Crescent, Toronto, Ontario, M6P 2G8
7.7
Howard
Public30 Marmaduke Street, High Park-Swansea, Toronto, Ontario, M6R 1T2
7.6
High Park Alternative
Public265 Annette Street, Toronto, Ontario, M6P 1R3
10.0

Secondary Schools

Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3
Humberside
Public280 Quebec Avenue, Toronto, Ontario, M6P 2V3
9.0
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8
St.-Frère-André
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
7.7
Bloor
Public90 Croatia Street, Toronto, Ontario, M6H 4B4
9.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.