492 Ruth Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,688,000 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.
- 7 Bedrooms and 7 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 60 x 143 ft lot
- Features a other, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 492 Ruth Avenue, an exceptional residence ideally located near Bayview Avenue and Cummer Avenue in the prestigious Newtonbrook East community of North York. Set on a premium 60 x 143 ft rectangular lot, this remarkable home offers approximately 4,897 sq ft of elegant above-grade living space, complemented by a professionally finished 2,200 sq ft walk-up basement. Designed for both comfort and sophistication, the property showcases outstanding craftsmanship and timeless architectural details throughout. This expansive two-storey home features 5+2 bedrooms and 7 bathrooms, with soaring 9-foot ceilings, a triple attached garage, and a beautifully landscaped exterior complete with an interlocking driveway and walkway. The bright kitchen includes a convenient walk-out, perfect for seamless indoor-outdoor living and entertaining. The interior is richly appointed with gleaming hardwood floors throughout the principal rooms, and a refined blend of marble, parquet, and ceramic finishes. Elegant details include skylights, wainscoting, cornice mouldings, and extensive oak craftsmanship. Three gas fireplaces with custom mantels enhance the living, family, and recreation rooms. The lower level offers a private retreat, featuring a spacious recreation area, a large spa, and a private sauna-ideal for relaxation and entertaining. Additional features include a high-efficiency furnace (2019), central air conditioning (2016), electronic air cleaner, central vacuum, alarm system, intercom, and automatic garage door openers. Perfectly situated near top-rated schools, parks, shopping, fine dining, and offering easy access to major highways and public transit, this home delivers an exceptional lifestyle in one of Toronto's most sought-after neighborhoods.
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Property Summary
This detached home located at 492 Ruth Avenue, Toronto is currently for sale and has been available on SousaSells for 28 days. This property is listed at $2,688,000 with an estimated mortgage of $8,947* per month. It has 7 beds, 7 bathrooms, and is 3500-5000 square feet. 492 Ruth Avenue, Toronto is in the Newtonbrook East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Newtonbrook East, Toronto.
- •7 spacious bedroom layout offering versatile living space
- •7 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Newtonbrook East, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 492 Ruth Avenue, Toronto, ON
Q.What is the asking price for 492 Ruth Avenue, Toronto, ON ?
The current listing price for 492 Ruth Avenue, Toronto, ON in Newtonbrook East, Toronto is $2,688,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 7 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 492 Ruth Avenue, Toronto, ON ?
492 Ruth Avenue, Toronto, ON is a Detached (2-Storey) featuring a Other, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 492 Ruth Avenue, Toronto, ON M2M 2J3
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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 $2,688,000 in Toronto, the legal minimum down payment is $537,600 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 $53,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,675 also applies, bringing the total estimated land transfer taxes to $107,350.
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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.